Minus Works
The business, the turning points, and the decisions behind them.
Some sections are still being researched2 / 4
Sections to complete:02 · 05
01 / WHAT IT BUILT
What the company did
Minus was a New York-based file-sharing startup launched in 2010 by John Xie and Carl Hu. It offered a simple, social way to share files: users could drag and drop files from their desktop into a browser to get instant share links, with web, Android and iOS apps and no sign-up required to start. The company bought the minus.com domain for $115,000, raised $1.2 million from IDG Capital Partners and angels, and at one point reported 300,000 active users and over a million uploads.
02 / FAILURE REASONS
Material for this section is being gathered and checked. It will appear here once ready.
03 / EVENT HISTORY
Events in the structured record
- Launch
Minus officially launches in November 2010 as a drag-and-drop file-sharing service built on Amazon cloud servers.
- Funding and domain
Minus buys the minus.com domain for $115,000 and raises $1.2 million from IDG Capital Partners and angels.
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.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
Material for this section is being gathered and checked. It will appear here once ready.