Amazon's Dash Button was a $5 button for detergent — obsolete in 3 years
Amazon sold $5 physical buttons you pressed to reorder Tide or paper towels. Smartphones made them pointless. Amazon killed the Dash Button in 2019.
Fall lesenUnternehmerische Misserfolge, teure Entscheidungen und ihre Lehren.
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Amazon sold $5 physical buttons you pressed to reorder Tide or paper towels. Smartphones made them pointless. Amazon killed the Dash Button in 2019.
Fall lesenOuya promised a $99 hackable Android game console. Backers got a laggy controller, a tiny game library and a bricked device. Sold to Razer for parts.
Fall lesenRED, the cinema camera company, launched a $1,295 phone with a 'holographic' display. The screen gave users headaches. The company exited phones in 2019.
Fall lesenDean Kamen's Segway was hyped as a city-transforming invention. It sold 24,000 units in five years and became a mall cop meme.
Fall lesenA stuck valve and confused operators caused a partial meltdown at Three Mile Island in 1979. No one was hurt, but US nuclear growth ended for 30 years.
Fall lesenThe Dreamcast had online gaming, a built-in modem and a VMU memory card in 1998. But Sony's PS2 hype crushed it. Sega exited hardware in 2001.
Fall lesenUber's 'Greyball' software showed fake cars to regulators and law enforcement. When exposed in 2017, it triggered federal probes and the CEO's ouster.
Fall lesenGap unveiled a new logo in October 2010. The backlash was so immediate and vicious that Gap restored the original logo six days later.
Fall lesenCEO Ron Johnson eliminated coupons and sales at JCPenney, replacing them with 'fair and square' everyday pricing. Customers revolted. Sales fell 25%.
Fall lesenTarget rushed into Canada with 133 stores, a broken supply chain and empty shelves. Canadian shoppers gave up. Target exited in 2015 with C$2.1B in losses.
Fall lesenBy the early 1990s Gucci had 22,000 licensed products and was near bankruptcy. Tom Ford's creative revolution and De Sole's business discipline rebuilt it.
Fall lesenEddie Lampert merged Sears and Kmart, then ran them as competing internal units. Stores crumbled while he cut costs. Sears filed for bankruptcy in 2018.
Fall lesenSony Vaio was the design leader in PCs for a decade. But Sony couldn't compete on cost, and the division lost money for years. Sold in 2014.
Fall lesenBetter Place built battery-swap stations instead of charging networks. It raised $850M, served ~1,000 drivers in Israel and Denmark, and went bankrupt in 2013.
Fall lesenGoogle bought Motorola in 2012, mostly for its patents. It kept the patents, lost $9.6B on the hardware business, and sold the rest to Lenovo.
Fall lesenNikola's demo video showed a truck driving, but it was coasting downhill. Founder Trevor Milton was convicted of fraud. The stock fell 90%.
Fall lesenItaly's 'milk empire' fabricated a €4B bank account that didn't exist. The total fraud was €14B. Parmalat collapsed in 2003, the largest EU bankruptcy.
Fall lesenValeant bought old drugs and raised prices 500-800%. Congress investigated, the stock fell 90%, and the CEO was replaced. The company was renamed.
Fall lesenIntel's 10nm process was years late, ceding the lead to TSMC and Samsung. The stock stagnated for a decade while competitors took its market share.
Fall lesenThe French hypermarket pioneer entered China in 1995 and led for years. By 2019 it sold its China business to Suning, unable to compete with local rivals.
Fall lesen