Yap
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
Yap Inc. was a Charlotte, North Carolina speech-recognition startup founded in 2006 by brothers Igor and Victor Jablokov. Its fully-automated voice-to-text technology was sold to mobile network operators as a value-added service, and it also ran a consumer voicemail-to-text app, Yap Voicemail. The company raised $6.5 million in venture capital in 2008.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Founded
Brothers Igor and Victor Jablokov founded Yap in Charlotte, NC to commercialize automated speech recognition.
- Funding
Yap raised $6.5 million in venture capital.
- Amazon acquisition
On September 8, 2011 Yap merged with 'Dion Acquisition Sub' — a shell at Amazon's Seattle HQ address — in a quiet acquisition uncovered via SEC filings; the consumer Yap Voicemail service was discontinued on October 20, 2011. The technology fed Amazon's voice efforts.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
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Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
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