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Moped

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

Founded1998
Event year2014
FundingUS$1M

01 / WHAT IT BUILT

What the company did

Moped was a Berlin-based messaging startup founded by Schuyler Deerman that was somewhat ahead of its time: private messaging with Twitter-style hashtags integrated with Dropbox, launched for iOS, Android and Chrome, later pivoted into an enterprise team-messaging tool (Moped 2.0) for teams and small businesses. The company raised $1 million from Earlybird Capital, Lerer Ventures, SV Angel and Betaworks. In December 2013 Moped was acquired by 6Wunderkinder, the makers of Wunderlist, for its messaging technology (no staff joined); the Moped service was wound down on December 31, 2013.

02 / Moped FAILURE REASONS

Failure reasons

Moped was a product ahead of its time — private Twitter-style messaging launched before the messaging-app explosion of late 2013 — but it never found a sustainable market: the consumer messaging play stalled and the late pivot to enterprise team messaging (Moped 2.0) came too late. Rather than a standalone shutdown, the outcome was a technology-only acquisition: 6Wunderkinder bought the messaging tech to bolster Wunderlist Pro, no Moped staff joined, and the service was retired on December 31, 2013.

03 / EVENT HISTORY

Events in the structured record

  1. Public launch

    Moped launches publicly with Twitter-style hashtags for private messaging, Dropbox integration and apps for iOS, Android and Chrome; raises $1M led by Earlybird.

  2. Pivot and acquisition

    Moped 2.0 pivots to team messaging for small businesses; in December 2013 6Wunderkinder acquires Moped's messaging technology and the service winds down on December 31, 2013.

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

    Moped raised $1 million from SV Angel, Lerer Ventures, Betaworks and Earlybird Capital. No audited loss figure with disclosed subject, period and basis was extracted from available coverage — the $1M is total capital raised, not loss; acquisition terms were not disclosed.