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Fools Rush In: 37 Of The Worst Corporate M&A Flops

CB Insights

Zynga, creator of Facebook games Farmville, Mafia Wars, and about a dozen different types of online slot machine games, paid $210M in 2012 for OMGPOP, creators of DrawSomething!, When mobile phone company Danger Inc was created in the heady days of 2000 with execs from Apple, Phillips, and WebTV, it looked like a leadership dream team.

Google 76
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17 Of The Biggest Startup Frauds Of All Time

CB Insights

Pixelon: Online video vaporware. In January 2018, Outcome settled all pending lawsuits by the company’s investors on the condition that Shah and Agarwal step down from their leadership positions. Founded by Renaud Laplanche in 2006, LendingClub quickly became one of the largest online lenders in the US. Total Funding: N/A.

Fraud 78
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Killing Strategy: The Disruption Of Management Consulting

CB Insights

When BeverageCo sought to take advantage of digital, they had many isolated initiatives (such as online advertising and a corporate Facebook page) underway, but lacked traction in any of them. High tax rates on corporate gains meant that the best way to spend profits was to make acquisitions.

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11 Lessons From Startup Chapter 11s

CB Insights

Founded: 2005. The lawsuit hinged on Julep’s promotional free Welcome Box of Julep products, available for just the cost of taxes and shipping. The company tried to scale an online marketplace while opening multiple brick and mortar locations. Dart Music. Earth Class Mail. Declared Bankruptcy: 2011. Total Funding: $1.2B.

Apple 78