Re:Jack Dorsey gives 1% Twitter stock to employee equity pool
by rickyc091 on Friday October 23, 2015 @10:39AM
(#10438829)
I've actually never heard of formspring. I guess the differentiator between formspring and twitter is that twitter is more mainstream. It's popular with celebrities, kids, etc. Formspring seems like a very specific niche market.
Megaupload was killed due to piracy issues. A bit different.
Formspring failed extremely fast.
http://techcrunch.com/2013/03/15/formspring-the-pioneering-a...
It was one of the fastest growing services in Web history, and unraveled just as fast.
The existing service was completely shut down. The homepage is now some kind of funnel for another service.
And an example that wasn't market based: Megaupload. 180 million users, killed overnight.