Why not founding it again?
A crutial point of a startup success is timing. Maybe this is a case of founder's timing. Founders all the time decide to pivot or persevere. And sometimes, to quit. Why it has to be a permanent quit?
Three years and a good amount of experience laters, the founder can make it happen!
I think we may face a failed startup as something you shut down, that is not demanding any more of your time and money. But not something you must never again touch. Not dead, but hibernating.
I don't know if there was much you could do with a product like that. I don't know who that would appeal to. Was it basically Google Hangouts for shopping?
Great advice. Thanks for sharing. I'm working on my own project and know that the failures you note are universal. It's helpful to hear them again and use it to channel my efforts on building an audience especially when development is slow.
It seems to me the main reason for this failed startup is lack of marketing. I am in the middle of building/promoting a startup company and the first batch of customer seems very quite difficult to attract.
I am wondering here what more can be done about researching/developing that revene model. Anyone have links, thoughts, whatever?<p>Thanks for sharing this.