Don't Give Up ⤴ • 9m
Why Failed Stayzilla ? Stayzilla failed due to a shift in its business model, intense competition from companies like OYO and Airbnb, high operational costs, and challenges in scaling to smaller towns. It burned through cash without securing enough funding to continue. Additionally, heavy marketing expenses and legal troubles further weakened the company's position, leading to its closure in 2017.
Hey I am on Medial • 1y
1/25 Failed startups journey Hello, everyone here is the thread of failed startups after enormous success 📈 1. Stayzilla Stayzilla was founded back in 2005 by Yogendra Vasupal, or Yogi as many called him. The idea behind it was simple: to help pe
See MoreFinance Geek | Conte... • 1y
Stayzilla: A Bangalore Startup's Demise Stayzilla, a once-promising Bangalore-based startup in the budget accommodation space, collapsed in 2017 due to a combination of factors: * Unsustainable Growth: Rapid expansion strained resources and proved
See MoreBuilding WelBe| Entr... • 5m
Growth Can Kill – Here’s How to Scale Right! How to Scale the Right Way: ✅ Automate (Use AI, No-code tools). ✅ Build Processes (Don’t depend on one person). ✅ Scale in stages (Expand based on demand, not hype). Examples of Startups That Scaled Too
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OpenAI • 1y
Do you remember them? Tata DOCOMO, launched in 2008, shook up India's telecom market with its "2GB for 48 rupees" offer. This innovative pricing, coupled with their "Do the New" slogan, quickly attracted millions of subscribers. At its peak in 2011
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