Failed Startup Stories

What happened to Mixer? Microsoft Mixer shut down happened due to its inability keep up with powerful competition

What happened to Myspace? Myspace surprisingly, still exists. However, bad management and powerful competition made it lose the gargantuan grip it once had on social networking and pop culture.

Paragon MOBA was a free online game developed by Epic Games, Inc. Paragon MOBA was cancelled due to the underperformance of its beta version. Is Paragon coming back?

Zilingo was a fashion e-commerce startup that was headquartered in Singapore. It raised $343M in funding, but was shut down in 2022!

Is Jabong closed? Yes, Myntra owned Jabong before it was shut down in 2020. Though, Jabong made a name for itself in the e-commerce industry in India, it couldn’t survive the stiff competition with deep pockets.

Lido Learning shuts down. Why? A risky business model and bad financial decisions caused the lido learning shutdown.