FAILDEX失樂園
中文

Addressbin

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

Founded2019
Event year2022
Cash burnedUS$500K

01 / WHAT IT BUILT

What the company did

Addressbin was an email list-collection tool: an easy way to collect email addresses via opt-in forms, with a special forwarding address for each list that would forward messages to every address on it - effectively a mailing list. The founder added drip messages and opt-in forms on top.

02 / Addressbin FAILURE REASONS

Failure reasons

Addressbin failed because of bad marketing and big competitors, in the founder's own words: as a solo technical founder he ended up competing with Mailchimp and everyone else in the email marketing space, and decided to stop working on it.

03 / EVENT HISTORY

Events in the structured record

  1. Launch

    Software developer Adam Bard builds Addressbin as an easy way to collect email addresses, initially as a facility for himself to do so for free, then opens it to other people.

  2. Wound down

    Bard stops actively developing Addressbin: competing with Mailchimp and other email-marketing giants, he decides to stop working on it, leaving the service running but essentially abandoned; Failory classifies the company as closed in 2018.

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

    Founder Adam Bard decided to stop working on Addressbin because the product was competing with Mailchimp and everyone else in the email marketing space.

  2. 02

    The service was left up and running with minimal maintenance, but effectively abandoned by its founder.