Story Tag: startup
Autto.in was an on-demand doorstep car service provider, created by Deepak in 2017. Soon after launching, a co-founder joined him and they started marketing the startup, spending a lot of money in customer acquisition. As money burnt, they decided to reach investors, who put them pressure in growing fast. After some months, they decided to shut down.
Bugfender is a tool to help developers debug their mobile applications by collecting the logs of their user’s mobile devices. It started as an internal tool, but Jordi and his co-founder saw a great potential and decided to turn it into a side business. They now have 165 paying customers which makes a MMR of +€9,100/mo. Learn how did they build and grow Bugfender and the mistakes they have committed.
Gymlisted was a website for finding the right private gym. Every day, Tom would go home from his day job and code up features for Gymlisted until midnight. Once launched, they started with their marketing efforts. But they soon realized there was pretty much no demand for what they were offering.
Mike Carson, a computer programmer, built park.io, a service that allows you to backorder top level domains that have expired and will be available for registration again soon. He started it as project to solve a problem he was facing. But, with almost none marketing, he was able to grow it to a business generating +$125K per month.
QuickHaggle was a community in which online users could exchange their skills. However, just like in old age, with the barter system, it became really difficult to find people who were looking for your service, and in exchange, could carry out what you needed. After some months, Bilal decided to shut it down.
In only 9 months, Mattijs Naus (and a small team) created Pagestead, a self-hosted, fully white-labeled website builder. They launched on spring 2017 and were soon able to earn a great MRR with it. Pagestead now makes $7,000/month and has +140 customers. However, in the development and growth process, they committed some big mistakes.
BeehiveID was a startup on the dating market, that identified online accounts created for fraudulent use. Techstars and RightSide Capital decided to invest $70K on their business. However, after some months BeehiveID closed their doors. Being too dependents on Facebook data killed their startup.
PEAR Cards is a card-based tool that initiates positive & open communication in a non-intimidating way. Matthew and the PEAR team went to Kickstarter and raised a little over $19,000. But as every entrepreneur, he has committed drastic mistakes and had to overcome big stumbles.
Nicolas started an e-Commerce that imported sterling silver jewelry from Mexico and resold it in France. His lack of knowledge on marketing made it impossible to him to achieve customers. After some big mistakes, he decided to shut it down and start re-thinking the business model. He is now making $7,200/Month.
Laurie and Cindy, his mother, manufacture and sell hand dyed fabric used for puppet skins to professional puppet builders around the world. The e-Commerce is now making $9,000/month. But they had to pass through some harsh moments at their beginning.