Ten companies that failed because of the idea

Many startups fail because of the wrong timing, not the bad idea. These failed entrepreneurs now have to watch others take their ideas in the market to make a pot full of.

Bwchinese Chinese news, according to foreign media reports, in the business sector, innovation does not mean success, some ideas are too advanced, so not be accepted by the market. These failed companies now have to watch others take their original ideas in the market to make a pot full of, feel really bad, but this is life.

The relevant ten companies listed below:

1, sixdegrees.com

Sixdegrees.com is the embryonic form of social networking sites, based on a six-degree separation theory. It has been growing fast since 1997, but people are not ready for social networking sites.

2, AskJeeves

AskJeeves would have had a chance to become a company like Google. It uses a lot of the technology Google uses later, such as semantic search, and even the ranking of pages based on hyperlinks, which is Google's secret weapon.

The reason for AskJeeves's failure is that in those days these techniques were not perfect.

3, Webvan

Webvan's commodity delivery service is doomed to failure. It spends 1 billion of dollars on storage and sun servers before starting the service. But for freshdirect such as this, commodity delivery online service is an excellent business.

4, Pets.com

Many startups fail because of the wrong timing, not the bad idea. The pet products market today is worth billions of of dollars and is ideal for e-business. Pets.com's failure stems from its emergence in the dotcom bubble era.

5, Dodgeball

LBS Social networking site Dodgeball failed for two reasons: no iphone, no Facebook. The lack of an iphone means that everything has to go through text messaging, which is a very unfriendly model. No Facebook means that users can't understand why they need to keep checking out the updates of their friends ' whereabouts.

The founder of Dodgeball later created the Foursquare and achieved great success.

6. Go Corporation

Go Corporation was one of the most financially-funded startups of the year and its mobile operating system was also very good. Go Corporation is the forerunner of the PDA, including the current touch-screen devices, the iphone and the ipad have its ideas. It just appeared too early.

7, letsbuyit.com

Letsbuyit.com, an early group-buying site, has never been successful because it focuses on getting groceries from big companies, not from local small businesses. In addition, there was no social network to spread the idea of group buying.

It turns out that if you want to be successful, you must have: a certain number of netizens, a certain number of online small businesses, a certain number of people willing to pay. At that time, these conditions were not available. So no one has ever heard of Letsbuyit,groupon is the fastest growing company in history.