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Business Failures
A collection of stories of businesses that failed, and the business lessons that we can learn from their failure to be able to avoid the same mistakes.
Business Failures
Why did Vine shut down? What happened to Vine?
In the early part of the 2010s, Vine, a new social media app that allowed users to share 6-second looping videos, started getting insane traction. The app became so popular that practically everyone under 30 seemed to be using it at one point in time. However, even though it saw early success, Vine was shut down indefinitely in 2017.
If you are a startup enthusiast or an aspiring entrepreneur, Vine's rapid rise and sudden failure are worth studying because it teaches valuable startup lessons. To develop a deep understanding of the Vine saga, though, we need to look at the...
