Toy manufacturer Mattel announced in 1999 that it had acquired the rights to sell Barbie and Hot Wheels computers. They teamed up with the Patriot Computer corporation in an attempt to deal with the decline in the sale of Barbie dolls and the rise in the sale of software and hardware for kids.
Unfortunately, the computers suffered from multiple manufacturing flaws, and the costs of fixing and replacing the computers eventually drove Patriot out of business. In 2000, only a year after the products launched, Patriot filed for bankruptcy and Barbie and Hot Wheels computers were seen no more.
Friendster
Everyone knows the story of Facebook’s meteoric success, but not every company that tried to make a name for itself in social media managed to do so. Cue Friendster, which actually launched before Facebook in 2002. It allowed users to meet, stay in touch, upload videos and learn about events in their area. This is starting to sound familiar.
Friendster may have had a solid idea, but their technology was unable to deliver on the promise. They had slow loading times on their page and were not ready to meet the demand when their user base grew. Facebook offered a better user experience and led Friendster to change its focus to gaming in the Asian market. Surprisingly, they only officially stopped offering services in 2015.
Google+
Tech giant Google also tried to launch its own take on social media and give Facebook a run for their money with Google+. They launched the service in 2011, with an enormous and expensive marketing campaign. Things seemed to be going well at first with many people signing up, but less than a year after launch, Google+ had experienced a 98% decline in user engagement.
The problem was that Facebook was already well established and Google+ didn’t really offer anything new. Although it was a failure as a product, Google+ was around until 2019, when it was shut down due to privacy concerns.
LaserDisc
As we’ve seen, the home video market is not an easy one to conquer. Phillips took a crack at it with their format LaserDisk, which was released in 1978, between the era of VHS and right before DVD. LaserDisc had better sound and video quality than VHS, but the product’s numerous flaws ensured that it would not stick around for long.
The biggest issue was that LaserDisc players were only able to play discs, but were not able to record television shows, which was one of VHS’s main selling points. Another was the high cost of both the players and the discs themselves. The format, which came out in the late 70s, had a brief revival in the 90s but was ultimately forgotten.
Dreamcast
Sega mostly remembered for its most successful video game, Sonic the Hedgehog, used to be a major player in the video game and console market in the 1990s. They found success with their Genesis console and went on to launch their Dreamcast game console in 1999. Dreamcast, which many believe was ahead of its time, was the first console that allowed worldwide network compatibility.
For an unknown reason, these consoles simply did not sell very well, they may have been overshadowed by the PS2 which was released in 2000. They were discontinued after only two years and were the last time Sega tried their hand at creating game consoles.