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forkly

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

Event year2013

01 / WHAT IT BUILT

What the company did

Forkly was a Denver food-discovery app founded in 2010 by Brightkite founders Brady Becker and Martin May. A competitor to Foodspotting, it helped users discover food and drink through a personal taste graph and personalized recommendations, with dishes posted at over 100,000 establishments. The iOS app reached roughly 300,000 users; an Android version was promised for March 2013 but never launched.

02 / forkly FAILURE REASONS

Failure reasons

Forkly ran out of money and momentum at once. It failed to secure an additional funding round in 2013, stalled at around 300,000 iOS users (ranked #320 in Food & Drink, a sign of weak traction), and never shipped its Android app. Co-founder Martin May left in September 2013 to become CTO of Push.io. With the founders moving on and investor Steve Croake taking over management, the company began winding down in October 2013 while shopping itself to larger firms — and never found a buyer.

03 / EVENT HISTORY

Events in the structured record

  1. Company founded

    Brightkite founders Brady Becker and Martin May found Forkly in Denver as a food-discovery app competing with Foodspotting.

  2. Product launch

    Forkly launches its revamped Forkly 2.0 app in February with personalized taste-graph recommendations; the promised Android version never ships.

  3. Closure announced

    In October 2013 Forkly begins winding down: co-founder Martin May has left, investor Steve Croake takes over management, and the company shops itself to acquirers without success.

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

    300,000 users at #320 in your category is not traction — it is a rounding error with a server bill

  2. 02

    Losing a co-founder in the same year you need funding is usually the end, not a transition

  3. 03

    Promising Android for March and never shipping it tells users the company is already gone

  4. 04

    Shopping yourself to acquirers works only if someone wants what you built