Saturday, December 30, 2017

2017 Killed These Products

2017 Killed These Products, Startups
Including a $700 juicer
By Arden Dier,  Newser Staff




Steve Horowitz, Snap Inc. vice president of engineering, wears Snap's Spectacles during the company's first day of trading at the New York Stock Exchange, March 2, 2017.   (AP Photo/Richard Drew)

(NEWSER) – Think 2017 was rough? Try putting yourself in the shoes of people who spent their energy and fortunes building products and companies, only to see them fall by the wayside this year. BuzzFeedrounds up failed products and startups of 2017, including a $700 juicer and an early internet communication service used by millions:

  1. Yik Yak: Once a hot social platform with a $70 million investment, Yik Yak was shut down in May following poor engagement.
  2. Hello: Despite $40 million in funding, Hello's Sense sleep-tracking device couldn’t overcome poor sales and mediocre reviews in 2017.
  3. Jawbone: After 18 years in business and a valuation that once hit $3 billion, the Fitbit rival liquidated its assets this year.
  4. Juicero: Apparently most people weren't that interested in a $699 WiFi-connected juice machine.
  5. Snap's Spectacles: Due to poor sales, Snap lost $40 million on its Spectacles, hundreds of thousands of which remain unsold.
  6. AOL Instant Messenger: After peaking at 100 million users in 2001, the communication service called it quits on Dec. 15.
  7. Storify: This month, Storify announced it would shut down and delete all posts in 2018.

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