We built a huge dataset that we thought could be usedfor supply chain management, but the only successful p/m fit was by putting it on the web and putting ads on it. Even when we got to 5 figures/mo in ad revenue, we insisted on a different model.
So we ignored the thing that was working in favor of our "vision".
Congrats! Your startup didn't fail. ;) Seriously, an acquihire for not enough money is sooo much more valuable a story than we lost everything and died...
So we ignored the thing that was working in favor of our "vision".
Ended up in an acquihire for garbage money.