FAILDEX失樂園
中文

NewCo

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

Founded2018
Event year2018
Cash burnedUS$15M

01 / WHAT IT BUILT

What the company did

NewCo was a no-code education business founded in 2018 by Ben Tossell, the former community lead at Product Hunt. It sold video tutorials teaching people to build software products with no-code tools such as Typeform, Carrd, Zapier, and Webflow. The product was a simple Webflow site: customers paid through a linked payment page and received a password to unlock the tutorial library. By the end of June 2018 it had 90 paying customers and about $8,000 in total sales. Tossell shut it down after a few months and relaunched the same videos as Makerpad in January 2019.

02 / NewCo FAILURE REASONS

Failure reasons

NewCo died from trying to do too much at once. Tossell tried to turn a simple tutorial site into a scalable platform with features for companies, chasing what he thought was the right startup playbook — growth, venture funding, scale — instead of listening to what customers actually enjoyed. Within months he no longer recognized the product: he wasn't sure what he was selling, how, or to whom, and promised weekly screencasts became unsustainable as motivation faded. He shut it down, admitting he had chased the wrong things; notably, he reported losing no money, since the business was essentially just him recording videos.

03 / EVENT HISTORY

Events in the structured record

  1. Founded

    Ben Tossell launched NewCo in 2018, selling no-code video tutorials through a Webflow site after 15 email subscribers paid for the idea.

  2. Early traction

    By the end of June 2018 the business had 90 paying customers and about $8,000 in total sales, equivalent to roughly $700 MRR from lifetime payments.

  3. Shut down

    After a few months of scope creep and fading motivation, Tossell shut NewCo down, then relaunched its videos as the no-code learning community Makerpad in January 2019.

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

    After a few months of operating, Tossell decided NewCo had become unfocused — he no longer knew what the product was becoming — and shut it down.

  2. 02

    He traveled for three months, then relaunched the same video content as Makerpad in January 2019, a focused no-code learning community that he built and serviced himself.