FAILDEX失樂園
中文

QuickHaggle

The business, the turning points, and the decisions behind them.

Founded2018
Event year2021
FundingUS$2.5M
Cash burnedUS$2.5M
Some sections are still being researched1 / 4

Sections to complete:05

01 / WHAT IT BUILT

What the company did

QuickHaggle, founded by Bilal Ahmad, was an online barter community where users could exchange skills and services instead of cash - for example, a PHP developer trading development work for internet marketing. Users posted offers and haggled over terms, with the community built around the idea that skills, unlike money, can't be lost or stolen.

02 / QuickHaggle FAILURE REASONS

Why it failed

Like the ancient barter system it emulated, QuickHaggle ran into the 'double coincidence of wants' problem: it was extremely hard to find someone who both needed your service and could offer what you needed. After about a year of work, founder Bilal Ahmad shut it down - it never grew into a big user base.

03 / EVENT HISTORY

Events in the structured record

  1. Founded (record)

    Record lists founded year 2018; founder Bilal Ahmad described working on QuickHaggle for about a year.

  2. Event (record)

    The record marks a 2021 event; the founder's interview describes the shutdown after failing to build a big user base.

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.

Rebuild difficultyPending assessmentNot completed
Scoring basisNot completed
ScalabilityPending assessmentNot completed
Scoring basisNot completed

Overall assessment: Not completed

05 / CAUSAL CHAIN / AFTERMATH

Pending assessment

Material for this section is being gathered and checked. It will appear here once ready.