10 Tech Start-Ups Whose Sizzle Fizzled
Born to be sold.
If a tech start-up could get a tattoo, that's what the ink might say.
Some big buzz tech start-ups don't fade away to the "where are they now" file because they are failures, per se, but because they get absorbed into a larger entity.That was the case for (tiny), or Tiny Pictures, a company that specialized in photo sharing. Its best-known service, Radar, was a Web site and application that unlike its competitor, Flickr, was specially designed to let mobile phone and smartphone users share content. That sharing could be restricted to only certain people, and comments could be added. Radar.net launched in 2006, a year after (tiny) was founded. At peak, it had more than 750,000 registered users, but never managed to maintain, much less add to, that core base. Despite having raised more than $11 million in capital investment, it sold to Shutterfly in 2010 for just $1.3 million in cash and $1.3 million in restricted stock to employees.
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