Browse Case Studies
SaaS
Pattern
commission
Source
2 case studies found
Rent Nest
by Steven GlodRent Nest was an app that allowed users to collect, organize, and share rental property information from websites like Craigslist, PadMapper, and Zillow. The startup grew to $12k/month in revenue over 2 years but spent $40k-$50k/month, eventually running out of funds and shutting down. The failure was driven by a poor business model (low commission-based revenue), lack of marketing focus, internal partnership conflicts, and inability to achieve profitability despite having product-market validation.
Gift Starter
by Aerie EwenGift Starter is a consumer crowdfunding platform that allows people to break down expensive online purchases into affordable chunks that friends and family can co-purchase as gifts. Founded by Aerie Ewen in July 2014 after winning a hackathon, the company pivoted from a B2B e-commerce plugin model to a consumer-facing payments platform, raising $525,000 in angel capital and achieving $12K revenue in 2015 with plans to reach $50K in 2016.