FAILDEX失樂園
中文

Delite

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

Founded2016
Event year2017
Cash burnedUS$2M

01 / WHAT IT BUILT

What the company did

Delite was a B2B SaaS platform for wholesale orders, founded in New York City in 2016 by Pat Walls and two friends. The idea came from Walls' roommate, who ran a pet products business selling to hundreds of retailers and struggled with the time-consuming process of taking orders and invoicing. Delite's product, 'delites', were customizable web order forms businesses could send to customers, letting them fill out orders and pay by credit card without logging in.

02 / Delite FAILURE REASONS

Failure reasons

Delite failed because there was no real market need: it did not solve a problem urgent enough for customers to pay for it. The team built the MVP in about two months and spent four months acquiring customers, but demand never materialized. They applied to Y Combinator, reached the video interview stage and were rejected; that evaluation point led the team to shut the company down in 2017.

03 / EVENT HISTORY

Events in the structured record

  1. Founded

    Pat Walls and two friends built Delite, a SaaS platform for B2B wholesale orders, inspired by a roommate's pet products business. The MVP - customizable 'delite' order forms with credit card payment - took about two months to build.

  2. Customer acquisition

    The team spent four months acquiring customers and adding features, but demand stayed weak; they applied to Y Combinator and were rejected at the video interview stage.

  3. Shut down

    After evaluating the business, the founders decided to shut Delite down in 2017, concluding there was no market need.

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

    In October 2016, Pat Walls and two friends built Delite, a SaaS platform for B2B wholesale orders: customizable 'delite' order forms businesses could send customers, with credit card payment. The MVP took about two months.

  2. 02

    Over the next four months, the team acquired customers and added features, but demand stayed weak; they reached the video interview stage at Y Combinator and were rejected.

  3. 03

    At that point the founders evaluated the business and decided to shut Delite down in 2017, concluding the product did not satisfy a real customer need. No reliable loss figure was disclosed, so no loss amount is recorded.