#1 Kitchen Entrees, Colgate, 1982

#2 Office Assistant Clippy, Microsoft, 1990s

#3 EZ Squirt Ketchup, Heinz, 2006

#4 Bic For Her, 2012

#5 Frito-Lay Wow! Chips, 1998

Five Famous Failed Companies
In the fast-paced corporate world, even the big shots can sometimes trip over their own feet. It’s a reminder from the universe (and consumers): nobody is immune to change. We’ve rounded up five brands that took off with a lot of promise but fizzled out quickly. These failed brands made some questionable decisions that ultimately led to their demise.
Quibi
Streaming platform Quibi had a rapid demise in 2020. It promised to revolutionize mobile entertainment with 10-minute clips but didn’t consider the similar free content available on YouTube and TikTok. The company folded just six months post-launch despite receiving $1.7 billion in funding.
Blockbuster
Blockbuster was once a household name for movie rentals. However, it failed to adapt to the digital era when it refused to buy Netflix in 2000. Blockbuster’s brick-and-mortar rental model quickly became obsolete in a world dominated by streaming services.
Theranos
Theranos claimed to revolutionize blood testing with its innovative technology. However, the company’s failed product didn’t live up to the hype. Theranos faced legal challenges and investigations and ultimately shut down in 2018. The CEO, Elizabeth Holmes, faced legal consequences for misleading investors and patients.
Yahoo
Yahoo is not a failed brand, as it is still around. However, it’s a tale of missed opportunities and colossal missteps. It got cold feet on mammoth opportunities—first, it refused to buy Google for $1 million in 1998 and Facebook for $1.1 billion in 2006. Then, it snubbed Microsoft’s $44.6 billion bid in 2008. It was humbled in 2016 when Verizon swooped in for a bargain, buying Yahoo for around $5 billion, a fraction of its former glory.
Blackberry
BlackBerry was leading the mobile phone market in the early 2000s. Their key differentiation was the ability to send emails and messages on the go. Its technology, however, quickly became obsolete with the rise of Android and iOS smartphones. The failed brand stopped manufacturing phones in 2017.
#6 Google +, 2011

#7 Trump Steaks, Donald Trump, 2007

#8 Rejuvenique Face Mask, 1999

#9 Crystal Pepsi, 1992

#10 Cheetos Lip Balm, Cheetos, 2005

#11 Twitter Peek, 2009

#12 Thirsty Cat! And Thirsty Dog!, 1994

#13 Samsung Galaxy Note 7, 2016

#14 Hoverboards, 2015

#15 Juicero, 2017

#16 Google Glass, 2013-2014

#17 New Coke, Coca-Cola Co, 1985

#18 Cocaine, Redux Beverages, 2007

#19 E.T. The Extra-Terrestrial, Atari, 1982

#20 Amazon's Fire Phone, 2014



