FAILDEX失樂園
中文

ROSS Intelligence

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

Founded2015
Event year2018
Cash burnedUS$13M

01 / WHAT IT BUILT

What the company did

ROSS supplied legal-research software for lawyers and other legal researchers.

02 / ROSS Intelligence FAILURE REASONS

Failure reasons

The founders attributed the shutdown to the costs and fundraising disruption associated with Thomson Reuters litigation. They said another funding round could not be raised and operating cash was running out. These are management’s disclosed reasons; their characterization of the lawsuit is not adopted as fact.

03 / EVENT HISTORY

Events in the structured record

  1. Service closure announced

    On 11 December the founders announced the shutdown and assistance for customers migrating elsewhere.

  2. Platform end date

    The notice scheduled 31 January as the platform’s final day. The legal entity was to remain for litigation; this was not corporate dissolution.

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

    Litigation burden and fundraising difficulty reported

  2. 02

    Operating cash running out

  3. 03

    Platform shutdown scheduled