Tickets.com - Failure Museum

Tickets.com

In 1999, Tickets.com had an IPO. In 2002 the company merged with Prologue, but there was infighting as both companies wanted to have the flagship product. This led to MLB acquiring the company in 2005 for $66M.

Casetify - Failure Museum

Casetify

Casetify, previously valued at $1B, manufactured custom phone cases. Consumers complained about their price and service, while their physical experience stores seemed unnecessary. They also plagiorized designs of dbrand and iFixit.

Boston Yankees - Failure Museum

Boston Yankees

The Boston Yankees were an NFL team who played from 1944-1948. The team played its home games at Fenway Park. Team owner Ted Collins picked the name Yankees because he originally wanted to run a team that played at New York City's old Yankee Stadi ...

Tampa Bay Bucs 1976 - Failure Museum

Tampa Bay Buccaneers 1976

In 1976, the Tampa Bay Buccaneers were the NFL's first winless team once the season expanded to 14+ games with an 0-14 record. Detroit was 0-16 in 2008, while the Cleveland Browns were 0-16 in 2017.This was the Buccaneers’ first season; they did no ...

OpenView - Failure Museum

OpenView Venture Partners

9 months after OpenView raised its largest fund ($570M) in March 2023, they abruptly laid off staff and stopped making new investments after two of its 3 leaders left the firm.

MCI Center - Failure Museum

MCI Center

In 2006, Verizon purchased MCI and changed the name of the arena to Verizon Center after 9 years as MCI Center. Now it's called Capital One Arena and is the home arena for the Washington Wizards, Washington Capitals, and Georgetown University's men ...

Enron Field - Failure Museum

Enron Field

In 1999, Enron paid $100 million over 30 years to name the Houston Astros ballpark. After the Enron scandal of 2001, the Astros and the bankrupt Enron came to an agreement to end the deal and rename the stadium in February 2002, which is now called ...

FTX Arena - Failure Museum

FTX Arena

In March 2021, FTX acquired the naming rights to Miami Heat's arena in a $135 million, 19-year agreement. As part of the 2022 bankruptcy of FTX, the naming rights agreement was terminated effective January 2023 and is now named Kaseya Center. FT ...

Clubhouse - Failure Museum

Clubhouse

In 2021, as the platform became larger, they could not devise a way to establish stronger relationships with users or scale self-sustaining communities. Management also failed to understand the fundamental nature of a social media platform and lacke ...