Link Management System
The business, the turning points, and the decisions behind them.
Some sections are still being researched1 / 4
Sections to complete：01
01 / WHAT IT BUILT
Material for this section is being gathered and checked. It will appear here once ready.
02 / Link Management System FAILURE REASONS
Why it failed
In the founder's own postmortem, '6 reasons why my VC funded startup did fail', the reasons were brutally simple: 1) we didn't sell anything, 2) we didn't sell anything, 3) we didn't sell anything, 4) the market window was not yet open, 5) we focused too much on technology, and 6) we had the wrong business model. On top of that, the VC market imploded exactly when the company needed to raise — and in 2008, nobody was able to get funding.
03 / EVENT HISTORY
Events in the structured record
- Operations ended
In an Oct 27, 2008 post-mortem, founder/CTO Stephan Schmidt wrote that the VC-funded knowledge-management startup whose link-management product he called Link Management System failed, after the VC market imploded when the company needed money and it could not get further funding.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN
How the factors connect
- 01
The company died in 2008 when the funding window slammed shut.
- 02
No financial details of the wind-down were disclosed.