#Fail: 37 Coins

37 Coins 2014–2015
Sunnyvale — USA
Founders Jonathan Zobro, Songyi Lee and Johann Barbie
Raised US$ 525.000

37Coins aimed to make bitcoin easy, secure to use, and accessible to everyone.

Main Reasons for failure

-Delivery: The delivery of Short Message Service (SMS) between carriers outside of the US was not reliable.

-Competition: New Bitcoin banking started emerging since they started.

-Market Fit: Could not find the right product-market fit.

Nowadays

Jonathan Zobro No information Found
Songyi Lee is an entrepreneur at Zentrepreneur since the end of 37 Coins
Johann Barbie was a CTO at Provenance and Ambisafe and today he is the Founder of Acebuster.

Source: Cointelegraph

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