What Happened to Shyp? - Startup Forensics
► Start with the right foot! Let us design your pitch deck: https://slidebean.com/pitch-deck?utm_source=youtube.com&utm_medium=video&utm_campaign=video-content&utm_term=startupfunding
► Sign Up for Slidebean - 1 month FREE: https://slidebean.com/youtube
Let’s say you wanted to ship something to the other side of the country, and you didn’t want to look for a box big enough, or queue at the post office. None of that. You just wanted to have someone come and pick up your package, from the comfort of your home.
Well, Shyp did just that.
Their motto was genius: “we’ll take it from here”. It was easy: all you needed to do was take a picture of the item or items you wanted to be shipped, upload them through the app, and a person would come and pick it up.
And the best part was the price: just $5!
Business boomed in California. People even called it the Uber of deliveries. Then it expanded to New York and Chicago, where…it didn’t fair out so well.
And in the span of just five years, Shyp “sank”.
When we analyze it, we realize Shyp left us very valuable lessons.
3:46 - Its early success.
5:48 - Was it too good to be true?
7:25 - Too little, too late
10:00 - The future of on-demand businesses
#slidebean #startups #Shyp #startupforensics
----
Did you like this video?
🔔 Hit those “subscribe” and ring bell buttons, and leave your comments: https://www.youtube.com/channel/UC4bq21IPPbpu0Qrsl7LW0sw?sub_confirmation=1
👾 Join our Discord server for weekly live interactions: https://slidebean.com/live
👕 Want Caya to wear your Startup T-Shirt in the next video? Send it to us: http://bit.ly/2MJRxAM
📱 Follow us on social media!
---- Slidebean:
Facebook: https://www.facebook.com/slidebean
Twitter: https://twitter.com/slidebean
Instagram: https://www.instagram.com/slidebean
Linkedin: http://www.linkedin.com/company/slidebean
---- Follow Caya: https://twitter.com/cayahere and https://instagram.com/caya_here
📰 Read the article: https://slidebean.com/blog/startups-startup-funding-explained-part-1?utm_source=youtube.com&utm_medium=content&utm_campaign=ba-content
📹Recommended videos:
When to incorporate a business in the U.S.? https://www.youtube.com/watch?v=bAo8ZkJB1gM
Founder Salary and Vesting: https://www.youtube.com/watch?v=afI25nIf9q0
--
About Us:
Slidebean lets you design professional presentations in seconds using the world's first slide design platform powered by Artificial Intelligence. By separating the content creation from the slide design, Slidebean allows users to focus on what matters most while taking care of everything else automatically.
We can help with your investor pitch deck through our design services. We've helped thousands of startups raise capital by either writing and designing the deck; or by redesigning an existing presentation for them. For more information: https://slidebean.com/pitch-deck?utm_source=youtube.com&utm_medium=video&utm_campaign=video-content&utm_term=startupfunding
Видео What Happened to Shyp? - Startup Forensics канала Slidebean
► Sign Up for Slidebean - 1 month FREE: https://slidebean.com/youtube
Let’s say you wanted to ship something to the other side of the country, and you didn’t want to look for a box big enough, or queue at the post office. None of that. You just wanted to have someone come and pick up your package, from the comfort of your home.
Well, Shyp did just that.
Their motto was genius: “we’ll take it from here”. It was easy: all you needed to do was take a picture of the item or items you wanted to be shipped, upload them through the app, and a person would come and pick it up.
And the best part was the price: just $5!
Business boomed in California. People even called it the Uber of deliveries. Then it expanded to New York and Chicago, where…it didn’t fair out so well.
And in the span of just five years, Shyp “sank”.
When we analyze it, we realize Shyp left us very valuable lessons.
3:46 - Its early success.
5:48 - Was it too good to be true?
7:25 - Too little, too late
10:00 - The future of on-demand businesses
#slidebean #startups #Shyp #startupforensics
----
Did you like this video?
🔔 Hit those “subscribe” and ring bell buttons, and leave your comments: https://www.youtube.com/channel/UC4bq21IPPbpu0Qrsl7LW0sw?sub_confirmation=1
👾 Join our Discord server for weekly live interactions: https://slidebean.com/live
👕 Want Caya to wear your Startup T-Shirt in the next video? Send it to us: http://bit.ly/2MJRxAM
📱 Follow us on social media!
---- Slidebean:
Facebook: https://www.facebook.com/slidebean
Twitter: https://twitter.com/slidebean
Instagram: https://www.instagram.com/slidebean
Linkedin: http://www.linkedin.com/company/slidebean
---- Follow Caya: https://twitter.com/cayahere and https://instagram.com/caya_here
📰 Read the article: https://slidebean.com/blog/startups-startup-funding-explained-part-1?utm_source=youtube.com&utm_medium=content&utm_campaign=ba-content
📹Recommended videos:
When to incorporate a business in the U.S.? https://www.youtube.com/watch?v=bAo8ZkJB1gM
Founder Salary and Vesting: https://www.youtube.com/watch?v=afI25nIf9q0
--
About Us:
Slidebean lets you design professional presentations in seconds using the world's first slide design platform powered by Artificial Intelligence. By separating the content creation from the slide design, Slidebean allows users to focus on what matters most while taking care of everything else automatically.
We can help with your investor pitch deck through our design services. We've helped thousands of startups raise capital by either writing and designing the deck; or by redesigning an existing presentation for them. For more information: https://slidebean.com/pitch-deck?utm_source=youtube.com&utm_medium=video&utm_campaign=video-content&utm_term=startupfunding
Видео What Happened to Shyp? - Startup Forensics канала Slidebean
Показать
Комментарии отсутствуют
Информация о видео
Другие видео канала
Boosted Boards: from flight risk to $70 million failureGoop: the insane business between Gwyneth Paltrow’s legsThe North Face: from Bankruptcy to Brand SuccessWhat is a SPAC? (and why it's COMPLETE TRASH!!)Juicero: the $400 juicer that couldn't make juiceWhat happened to Pebble Watch?How SpaceX was $200,000 from bankruptcyNikola Motor: disaster foretoldWeWork: Adam Neumann's $47 Billion smoke and mirrorsHQ Trivia's failed mutiny against their CEOAmazon Fire Phone: a $170 million flopFyre Festival: dumb planning or genius scam?What Happened to TILT?Farmville: patient zero of the micro-transactions plagueFunding a Sociopath: the Theranos storyUber: the scandal that got Travis Kalanick firedWho killed Toys "R" Us? Walmart or AmazonThe time Apple lost $708M in 3 monthsHertz: A greedy path to BankruptcyWhy Forever 21 went Bankrupt?