FAILDEX失樂園
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Odeo

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

Founded2005
Event year2006
FundingUS$5M

01 / WHAT IT BUILT

Podcast creation, directory, and search tools

Odeo provided tools for creating and sharing podcasts together with a directory and search service for syndicated audio and video.

02 / Odeo FAILURE REASONS

Failure reasons

Classic platform risk: one week after Odeo's public launch in June 2005, Apple released iTunes 4.9 with built-in podcast discovery and subscriptions, destroying Odeo's reason to exist overnight against free, pre-installed distribution. Unable to compete, Williams bought the assets back from investors in October 2006, folded the team into Obvious Corporation and pivoted to a side project — Twitter.

03 / EVENT HISTORY

Events in the structured record

  1. Company founded

    Evan Williams and Noah Glass found Odeo in San Francisco as a podcasting platform, raising $5 million from Charles River Ventures.

  2. Product launch

    Odeo launches publicly in July 2005; one week earlier Apple had released iTunes 4.9 with native podcast support.

  3. Restructuring completed

    In October 2006 Williams buys Odeo's assets back from investors, forms Obvious Corporation and pivots the team to Twitter.

  4. Acquisition

    Odeo is sold to SonicMountain in February 2007; the podcasting service shuts down completely by 2010.

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

    Podcasting platform, $5M from Charles River

  2. 02

    iTunes 4.9 adds podcasts, June 2005

  3. 03

    Business model destroyed overnight

  4. 04

    Bought back; pivoted into Twitter