#Fail: Bawte
Bawte 2011–2015
Iowa — United States
Founder — John Jackovin
Raised US$ 220.000
Bawte provided a service for customer engagement.
Main reasons for failure
- Market fit: There was a lack of urgency of the problem they were trying to solve.
- Retention: Customer retention was difficult.
- Costs: For the customers, they did acquire the maintenance was costly.
Nowadays
John Jackovin is now the founder of Fermented Labs and John Jackovin Consulting.
Source: Jackovin
Every Thursday a new #fail story to help entrepreneurs avoid making the same mistakes and show that failure is not the end.
If you like what you just read, please hit the button “Recommend” below so that other people might stumble upon this.
Last story: #Fail: EventVue
Follow Adopt a Startup on Facebook, Twitter, Instagram, LinkedIn or Medium to get to know out of this world startups and content!
*#Fail is meant to be used as an asset for entrepreneurs and not a source of absolute fact.
