FAILDEX失樂園
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Essential Products

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

Founded2015
Event year2020
FundingUS$330M
ValuationUS$1B
Cash burnedUS$330M

01 / WHAT IT BUILT

What the company did

Essential Products developed consumer smartphones, including the Essential Phone, and attempted a new mobile-device concept called Project Gem.

02 / Essential Products FAILURE REASONS

Failure reasons

Its first phone failed to establish a large enough audience, and the company said it could not find a viable way to deliver Project Gem to customers. It then stopped operating. Allegations concerning the founder are reported background, not a demonstrated sole cause of closure.

03 / EVENT HISTORY

Events in the structured record

  1. Company founded

    The consumer-device company was founded by Andy Rubin.

  2. First smartphone launched

    The Essential Phone went on sale.

  3. Project Gem previewed

    A different mobile-device design was previewed in October.

  4. Operations and device support ended

    On 12 February the company announced closure and no further software updates or customer support; existing phones could still operate.

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

    First phone did not establish sufficient adoption

  2. 02

    New device had no viable delivery path

  3. 03

    Company ended operations and future support