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How Dinner Lab’s Attempt to Crowdsource Restaurant Concepts Got Roasted

Posted on March 20, 2017 by Christy

Founded in 2012, Dinner Lab was an innovative startup that raised over $10 million in funding, gained over 150,000 members, and had a presence in almost 30 cities.[1] Despite this tremendous growth and demonstrated consumer interest, the company abruptly shut down in 2016. So, what happened?

Quirky: A Failed Attempt at Crowdsourcing Inventions

Posted on March 13, 2017 by NP

Quirky was a brilliant idea. Why not crowd-source product ideas. Vote on the best ones. And only bring the ones people want to life. Seems foolproof right? Maybe not so much…

The rise and demise of Groupon: the importance of satisfying both sides of a two-sided network

Posted on October 4, 2015 by ilny

80% of Groupon’s market value evaporates after it fails to satisfy one side of the two-sided network on which its business model relies

Digital Innovation and Transformation

MBA Student Perspectives

failed business model

How Dinner Lab’s Attempt to Crowdsource Restaurant Concepts Got Roasted

Quirky: A Failed Attempt at Crowdsourcing Inventions

The rise and demise of Groupon: the importance of satisfying both sides of a two-sided network