Selectica - Failure Museum

Selectica

Selectica IPO’d in March 2000 at the peak of the dot com boom and reached a market cap valuation of  $5 billion and was sold 8 years later for $50M. Selectica provided configuration software, a subcategory of quote-to-cash, which is a sub-categ ...

Microma - Failure Museum

Microma

In 1972, Intel entered the business of wearable tech with its acquisition of digital watchmaker Microma. They exited the business in 1977 after realizing marketing a consumer product is completely different from the chip business and requires diffe ...

LA Gear - Failure Museum

LA Gear

LA Gear, which was third in athletic shoe sales behind Nike and Reebok in 1990 with $818M in sales. By 1993 LA Gear's popularity was beginning to wane. The company began restricting access to the shoes, focusing on higher-end department stores to ...

Silicon Graphics - Failure Museum

Silicon Graphics

Silicon Graphics, which produced computer hardware and software, peaked at a $7B market cap in 1995 and filed for bankruptcy in 2006. The addition of 3D graphic capabilities to PCs, and the ability of clusters of Linux- and BSD- based PCs to take o ...

Lotus 1-2-3 - Failure Museum

Lotus 1-2-3

Lotus 1-2-3 was the state-of-the-artspreadsheet and the standard throughout the 1980s and into the early 1990s, part of an unofficial set of three stand-alone office automation products that included dBase and WordPerfect, to build a complete busine ...

Beautycounter - Failure Museum

Beautycounter

Founded in 2013, Beautycounter, a leader in the clean beauty business, raised over $100M and was sold to a private equity firm for $1B in 2021. As the pandemic receded, consumer spending went down and sales slowed across the entire beauty sector. ...

Sports Illustrated Swimsuit - Failure Museum

Sports Illustrated Swimsuit Edition

The Sports Illustrated Swimsuit Edition launched in 1964 while Sports Illustrated launched in 1954l. Sports Illustrated's circulation peaked 30 years ago and has been declining ever since. In 2018 it went biweekly and in 2020 it went monthly. T ...

Barbie Sports Illustrated - Failure Museum

Barbie Sports Illustrated

In 2014, Barbie was in Sports Illustrated to celebrate its 50th anniversary. Launched in 1954, Sports Illustrated was one of the few sources of real sports reporting. Its circulation peaked 30 years ago and has been declining ever since. In 2018 ...

Dell Streak Tablet - Failure Museum

Dell Streak Tablet

Launched in 2010 and discontinued in 2011, the Dell Streak was unable to compete with the Apple iPad. In 2011, the Apple iPad sold 50 million tablets in 2011, while all rivals combined sold 1 million.

American Basketball League - Failure Museum

American Basketball League

Lasting from 1996-1998, The American Basketball League (ABL) was a professional women's basketballleague in the United States. At the same time the ABL was being formed, the NBA was creating the WNBA.  The ABL got off the ground before the WNBA, ...