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Unlockd

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

Founded2014
Event year2018
FundingUS$37M
Cash burnedUS$37M

01 / WHAT IT BUILT

What the company did

Unlockd was an Australian ad-tech startup founded in 2014 by Matt Berriman. Its apps rewarded Android users with mobile credit and data for viewing ads on their lock screens, and it sold that attention to advertisers through partnerships with telcos and phone makers.

02 / Unlockd FAILURE REASONS

Failure reasons

Unlockd was destroyed by its dependence on Google's platform. Google disabled AdMob for Unlockd's Australian app in September 2017 over alleged policy violations, then threatened to remove its apps from the Play Store. Unlockd sued in the Federal Court alleging anticompetitive conduct and won an interim injunction, but with distribution cut off it entered voluntary administration in June 2018, blaming Google; the liquidators later discontinued the case.

03 / EVENT HISTORY

Events in the structured record

  1. Operations ended in administration

    Unlockd entered voluntary administration after Google threatened removal from the Play Store ecosystem and denied access to AdMob.

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

How the factors connect

  1. 01

    Lock-screen ads: users earn mobile credit and data

  2. 02

    Telco and phone-maker distribution partnerships

  3. 03

    Google disables AdMob (2017), threatens Play Store removal

  4. 04

    Voluntary administration, June 2018; lawsuit discontinued