The Juicero Press, a Wi-Fi-enabled kitchen appliance that squeezed juice out of pre-packaged pouches, finally hit the market in 2016 after three years of development and nearly $100M of capital raised. Only a year later, Bloomberg released an artic ...
In 1975, you could rotate her arm and she develops breasts that popped out from her concave rubber chest.
Raised $1.3B and lied to patients to keep partners and investors happy leading to it's demise in 2018.
In 1978, you need to spread her legs to operate the scissors.
In 2012, Bic created a pencil for women. Yes — a pencil for women — since it’s share amongst women was lagging. Miss Bic didn’t solve that problem, as you could guess. Ellen gives a review in 2012: https://www.youtube.com/watch?v=eCyw3prIWhc
In 1996, this extension of the brand was too far for lovers of the motorcycle; reeked the scent of tobacco.
Webvan raised $880M to launch in 10 cities before they had proven one leading to their demise in 2001. Webvan needed $1B for each distribution warehouse in a category with small margins (e.g., 5% on groceries), while the company had a 5:1 expense t ...
In 1994, Viacom bought Blockbuster for $8.4 billion. In 2000, the year after its IPO, Blockbuster turned down an opportunity to buy Netflix for $50 million as it failed to recognize the opportunity to move online quick enough. In 2004, Blockbuster h ...
In 1988, lawn darts with metal spikes were banned in America by the Consumer Product Safety Commission due to the severe danger they presented. From 1978 to 1986 lawn darts were responsible for an estimated 6,100 hospital emergency-room treated inj ...
FTX, one of the world’s largest cryptocurrency exchanges, once valued at $32B in January 2022, scammed billions from crypto-currency users. The company had built its business on risky trading options that are not legal in the U.S. It was discovere ...
