Remove 2006 Remove Boston Remove Innovation Remove National
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Most Platforms Can’t Scale, Will Fail

PYMNTS

Well, it is “an innovative new payment platform created to transform the payments industry by drastically altering the economics through Internet-based technology, generating significant consumer benefits.” Except, of course, it didn’t – and it is now in the crowded graveyard of payments innovations that sounded too good to be true.

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12 Industries Experts Say Millennials Are Killing — And Why They’re Wrong

CB Insights

In the 1950s and 1960s, the biggest innovations in breakfast were Eggo Waffles and Pop-Tarts. Between 2006 and 2015, off-price retail sales went from $18B to $35B — a jump of 94%. Thanks to innovative new rental models, ownership is no longer essential. This trend presents a lot of opportunity for innovation.

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242 Startup Failure Post-Mortems

CB Insights

But overpriced, over-hyped hardware products weren’t the only “innovations” we said goodbye to: we also recently witnessed the deaths of startups working in mobile AR, e-commerce, digital media, and more. Title: Boston startup Besomebody, once featured on ‘Shark Tank,’ shuts down app. Product: Besomebody.

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