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Channel: How One Startup Had Millions In Funding And 100,000 Users -- And Still FAILED
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rule80b

I know Brad, he's a good guy with an incredible potential. This venture was a failure that he can learn from, as most successful entrepreneurs do. In all reality these boys are still kids armed with...

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Schuyler

I only wish we'd had a chance to dig into a few more questions at last night's Founders @FAIL panel. A couple I wish I'd had time to ask are: 1) How did a New Haven HQ affect the business/product? 2)...

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Mark Daggor

They forgot to mention their customer relations. From a user's standpoint, that was their biggest issue. Far more often than not, the team was too hands off in addressing rule abuses with the games, or...

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Josh

Forget the users. The whole model stunk. So what if you got a million users, if they're all broke and don't want to pay a cent for your product? Where's the revenue coming from? It's great to be a...

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Mary Margaret Tyler

Oh hell yah businesses can make money that don't take money from customers! Look at Yahoo! Anyway, customer service sucked. The game had flaws and cheaters like no tomorrow. I hate cheaters, one of my...

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Clyde Smith

""Looking back, if I had known then what I know now, I'm not sure it would have changed anything,' Hargreaves admits. But he and his partners have certainly learned a lot from the hardship of failing."...

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bhargreaves

Clyde, I think the quote is a bit out of context. The difference goes down to a distinction between the decisions themselves vs the methodology of making those decisions. I wrote more about this here:...

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AlbanyInsurance

It must be sobering to think that you were on the precipice of doing something great and it fell apart. But at least you gave it a go. Most people can't say they even had a shot at something like that....

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Peggy Hüpenbecker

It just shows that money can't buy everything. You need to do some thinking and you need to act accordingly. But then again it's more often try and error than not. A large investment doesn't grant for...

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Roee

Hey Thanks for sharing your experience. I can relate to it. Regardless, a man's success is measured by how quickly he can get up to the next project. So go for it!

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bunuunutma

They forgot to mention their customer relations. From a user's standpoint, that was their biggest issue. Far more often than not, the team was too hands off in addressing rule abuses with the games, or...

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