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Tradex Technologies
Webvan
Vignette Corporation

V This company is dead

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A screenshot of the old Excite.com homepage.

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A screenshot of the old Excite.com homepage.

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Daily Radar was a gaming news website launched in 2000. Unfortunately it was known more for stunts like destroying a brand new PS2 then for game journalism. It was frequently parodied by gaming webcomic Penny Arcade and folded in May of 2001, a victim of the dot com bubble. Daily Radar was later renamed and relaunched in the UK as GamesRadar.

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Daily Radar was a gaming news website launched in 2000. Unfortunately it was known more for stunts like destroying a brand new PS2 then for game journalism. It was frequently parodied by gaming webcomic Penny Arcade and folded in May of 2001, a victim of the dot com bubble. Daily Radar was later renamed and relaunched in the UK as GamesRadar.

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An image of the old Startups.com screenshot

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An image of the old Startups.com screenshot

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In 1999, Excite had a chance to buy Google, according to MinyanVille. But Excite's George Bell deemed the $1 million asking price too high. Bell also declined a second offer to take Google for $750,000.

The company went through a complicated skein of mergers and financing, culminating in a deal in which @Home paid $7.2 billion for the company in 1999. By 2001, it was bankrupt.

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Even Google is not without its failures. Google Answers for instance, was a ‘knowledge market’ where users could pay other users to carry out searches for them and retrieve data. Unfortunately this created a breeding ground for plagiarism, uncertain legality and cheating on homework. All this led to the feature being shut down in 2006, four years after its introduction. Whenever you introduce a new online tool, make sure you consider all the ways it might be used!

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irtual Magic Kingdom was a free massively multiplayer online game run by Walt Disney Parks and Resorts. It was launched in May 2005 to coincide with the 50th anniversary of Walt Disney World. VMK was a virtual representation of various Disney theme parks with mini-games and areas based on real attractions. It was intended to be a temporary venture lasting only for the 50th anniversary celebration but it gained surprisingly popularity and soon grew beyond its origins. But the site proved to be more trouble than it was worth, even for a company the size of Disney. Due to the young age of most players the site had to be monitored constantly by paid staff resulting in limited play hours. While Disney claimed the site had 2 million active players but loose registration rules meant the actual number was probably much lower. Some speculate as low as 50,000. Despite an online petition, VMK closed its doors in May 2008.

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irtual Magic Kingdom was a free massively multiplayer online game run by Walt Disney Parks and Resorts. It was launched in May 2005 to coincide with the 50th anniversary of Walt Disney World. VMK was a virtual representation of various Disney theme parks with mini-games and areas based on real attractions. It was intended to be a temporary venture lasting only for the 50th anniversary celebration but it gained surprisingly popularity and soon grew beyond its origins. But the site proved to be more trouble than it was worth, even for a company the size of Disney. Due to the young age of most players the site had to be monitored constantly by paid staff resulting in limited play hours. While Disney claimed the site had 2 million active players but loose registration rules meant the actual number was probably much lower. Some speculate as low as 50,000. Despite an online petition, VMK closed its doors in May 2008.

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The Spot was the first episodic fiction website to meet with success and an innovator due to its use of paid advertising to underwrite the cost of bandwidth. Begun in 1995 The Spot was an online soap opera which told the story of several teens living together in Santa Monica, California. The Spot won one of the first Webby awards and its success lead to the creation of American Cybercast, the first online network. But it was all downhill from there. The advertising revenue brought in by The Spot and a few other online shows wasn’t enough to sustain the network and by 1997 American Cybercast had fallen into bankruptcy. The Spot was briefly revived in 2004, but has once again gone dark.

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The Spot was the first episodic fiction website to meet with success and an innovator due to its use of paid advertising to underwrite the cost of bandwidth. Begun in 1995 The Spot was an online soap opera which told the story of several teens living together in Santa Monica, California. The Spot won one of the first Webby awards and its success lead to the creation of American Cybercast, the first online network. But it was all downhill from there. The advertising revenue brought in by The Spot and a few other online shows wasn’t enough to sustain the network and by 1997 American Cybercast had fallen into bankruptcy. The Spot was briefly revived in 2004, but has once again gone dark.

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MYSPACE

MySpace is still around and in some ways it’s doing okay. There’s no question however that its glory days are behind it. In this case the failure can be summarized in one word: Facebook.

Unfortunately MySpace just couldn’t stand up to the competition presented by Facebook and looked slow, clunky and dated in comparison. Whereas Digg alienate viewers by changing too radically, it was MySpace’s reluctance to change that sealed their fate. There is a fine line to be walked there somewhere.

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SixDegrees.com was the first modern social networking site, launching in 1997. The site was modeled after the ‘six degrees of separation’ concept with members able to see who they connected to other members through friends and family. Although primitive by today’s standards, the site only allowed message posting, it had 1 million registered members at the height of its popularity. The site was bought out in 2000 and was soon shut down. Although ultimately unsuccessful, Sixdegrees.com set the stage for modern social networking sites like Myspace and Facebook

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SixDegrees.com was the first modern social networking site, launching in 1997. The site was modeled after the ‘six degrees of separation’ concept with members able to see who they connected to other members through friends and family. Although primitive by today’s standards, the site only allowed message posting, it had 1 million registered members at the height of its popularity. The site was bought out in 2000 and was soon shut down. Although ultimately unsuccessful, Sixdegrees.com set the stage for modern social networking sites like Myspace and Facebook

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When eToys.com shares hit a high of $84.35 in October 1999, who could have guessed that just 16 months later, the company would warn investors that its stock was "worthless?"

The online toy retailer was founded in 1997 and quickly became one of the most visited Web sites for holiday shopping. It spent tens of millions of dollars on marketing campaigns and partnerships as it jockeyed for position with other retailers like Toysrus.com, Amazon.com and Walmart.com. But eToys just couldn't keep up

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Boo.com was a British Internet company, founded by Swedes Ernst Malmsten, Kajsa Leander and Patrik Hedelin, which went out of business following the dot-com boom of the late 1990s. After several highly publicized delays, Boo.com launched in the autumn of 1999 selling branded fashion apparel over the Internet. The company spent $135 million of venture capital in just 18 months.

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When the dot com bubble burst, no company burst harder than grocery delivery service Webvan. Founded at the height of the dot com boom in the late 1990’s, by the co-founder of Borders bookstore, Webvan had branches in ten major U.S. markets including San Francisco, Chicago, Dallas and Atlanta and plans to expand internationally. But the web as a means of shopping was still a novelty at the time. Combine this with a $1 billion warehouse, a fleet of delivery vans, a high-tech computer system and senior executives with no experience in the grocery industry and you had a recipe for disaster. The company folded in 2001 leaving behind nothing but thousands of brightly colored plastic grocery bins collecting dust in people’s basements.

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When the dot com bubble burst, no company burst harder than grocery delivery service Webvan. Founded at the height of the dot com boom in the late 1990’s, by the co-founder of Borders bookstore, Webvan had branches in ten major U.S. markets including San Francisco, Chicago, Dallas and Atlanta and plans to expand internationally. But the web as a means of shopping was still a novelty at the time. Combine this with a $1 billion warehouse, a fleet of delivery vans, a high-tech computer system and senior executives with no experience in the grocery industry and you had a recipe for disaster. The company folded in 2001 leaving behind nothing but thousands of brightly colored plastic grocery bins collecting dust in people’s basements.

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WEBVAN.COM