Jawbone

Consumer hardwareUSA
πŸ’€ Dead / Bankrupt
PeakΒ $3.2 BillionToday
~-100%
from peak
  1. πŸ¦„
    Became a unicorn
    2011
  2. πŸ“ˆ
    Peak valuation
    $3.2 Billion ’14
  3. πŸ’”
    Became a Unitard
    Jul 2017
  4. πŸ’Έ
    Last valuation
    Wiped out
πŸ”₯ Raised & burned
$930M
Total raised
$141K/day
Burned Β· 18.1y alive
Funding: The Information
Current status
Liquidation (Jul 2017)

How it happened

Jawbone built Bluetooth speakers and the UP line of fitness trackers, peaking at a $3.2B valuation in 2014. Squeezed by Fitbit and Apple and unable to ship competitive hardware, it burned through roughly $930M of funding. The company began liquidation in July 2017 in one of the most expensive venture-backed hardware failures of its era.

Source: The Information; raised ~$930M

πŸ¦„