(Edit: for those too young to remember: http://en.wikipedia.org/wiki/Boo.com)
They built the site in an incredibly short time span but they got started too late and it had way too many features to cram in to such a short development time of course leading to plenty of bugs at release time.
The entire company didn't exist for much longer than a year so they almost didn't even have time to be delayed before they were gone. :)
From Wikipedia: "Boo.com's Swedish founders famously spent their way through £125 million ($188 million) in just six months."
Aaah, 1999. Those were the days. :)
Counter examples will be rare because Atwood's entry essentially says "evolve", decorating the post with some ignorance about smartphones, a naive simplification of version numbering, and so on.
Who would argue with "evolve" (insert the obvious joke). His other insight was "adapt", and again...what?