Stage11
The business, the turning points, and the decisions behind them.
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Sections to complete:02 · 05
01 / WHAT IT BUILT
What the company did
Stage11 was a Paris-based immersive music experience startup that aimed to reimagine music for the metaverse. In October 2021 it announced a $5.8 million round (a 5 million euro seed led by Otium Capital) alongside partnerships with Snoop Dogg and David Guetta. The company never launched its product - its website still reads 'Launching in 2022' - and by early 2024 its Google business profile marked it as 'temporarily closed', with its websites and social media inactive.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- $5.8M round announced
In October 2021 Stage11 announced a $5.8 million round (a 5 million euro seed led by Otium Capital) with Snoop Dogg and David Guetta partnerships, aiming to reimagine music for the metaverse.
- Launch never happened
Stage11's website continued to display 'Launching in 2022' and the product never shipped.
- Temporarily closed
A January 2024 industry report found Stage11's Google profile marked 'temporarily closed', with inactive websites and social media - no formal shutdown announcement was made.
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 / AFTERMATH
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