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.
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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.
Ler o casoOuya 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.
Ler o casoRED, the cinema camera company, launched a $1,295 phone with a 'holographic' display. The screen gave users headaches. The company exited phones in 2019.
Ler o casoDean Kamen's Segway was hyped as a city-transforming invention. It sold 24,000 units in five years and became a mall cop meme.
Ler o casoA 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.
Ler o casoThe 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.
Ler o casoUber's 'Greyball' software showed fake cars to regulators and law enforcement. When exposed in 2017, it triggered federal probes and the CEO's ouster.
Ler o casoGap unveiled a new logo in October 2010. The backlash was so immediate and vicious that Gap restored the original logo six days later.
Ler o casoCEO Ron Johnson eliminated coupons and sales at JCPenney, replacing them with 'fair and square' everyday pricing. Customers revolted. Sales fell 25%.
Ler o casoTarget 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.
Ler o casoBy 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.
Ler o casoEddie Lampert merged Sears and Kmart, then ran them as competing internal units. Stores crumbled while he cut costs. Sears filed for bankruptcy in 2018.
Ler o casoSony 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.
Ler o casoBetter 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.
Ler o casoGoogle 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.
Ler o casoNikola's demo video showed a truck driving, but it was coasting downhill. Founder Trevor Milton was convicted of fraud. The stock fell 90%.
Ler o casoItaly'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.
Ler o casoValeant bought old drugs and raised prices 500-800%. Congress investigated, the stock fell 90%, and the CEO was replaced. The company was renamed.
Ler o casoIntel'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.
Ler o casoThe 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.
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