Make data-driven decisions to improve longevity

Coordinate your team projects on time and with results.

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Apps, Information Technology, Mobile Apps, Productivity,

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Reasons for Shutdown

No Product-Market Fit

Did not know who the ideal customer was.

The founder did not really know who the ideal customer for the product was, and he spent five months getting sales but nothing exciting happened.

No Market Validation

Worked on everything based upon untested assumptions.

The team worked everything based upon untested assumptions.
The founder's mistake was that he assumed clients would want the product.
He should have tested early and talk with users that did not sympathize with him.
They tested tremendously late with their clients and it resulted that their core functionality was not enough to a company to buy it.

Failed Fundraising

Investors did not back them up.

In the last month of Coordinate, the team found an unattended market with Project Portfolio Manager with companies and did not have a good software that simplified their management.
The team built a prototype that allowed them to get give promise of trial from big companies.
The founder got into serious talks with two investors but they did not back him up on time.

Lack of Passion

The founder lost his passion for the project.

The reality was that the passion for solving that specific problem of companies' projects disappeared.
He spent two years in that industry but he was tired.
Finally, at the last meeting when the team and the co-founder were going to start all over, he could not transmit all that desire and passion to do things more intelligently.
That was when he realized he failed.

Direct Competitors and Similar Companies

Note: Direct competitors are defined by similarity score of more than 40%, while similar companies are defined by similarity score of less than 40%

No.	Name	Similarity score	Description	Industry	Categories	Location	Ownership status	Entity type	Stage of development	Transactional model type	Defensibility moats	Last financing round	Total raised	Post-money valuation	Last financing date	No. of funding round(s)	No. of investors	Investors	Total revenue	Market capitalization	No. of investments	No. of acquisitions	No. of board seats taken	Competition	Management	No. of employees	Company reputation	Contact info	Operational status	Operational duration	Shutdown date	Founded date	Legal name	Former legal name(s)	Ticker
1.	HelloRanking	13.3%	Your App Downloads Boosting Platform	Information Technology & Services	Ad Network, Applications, Marketing, Mobile, Analytics, Developer Tools, Developer Platform	Hong Kong SAR	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1-10	-	-	Inactive	-	-	2015	-	-	-
2.	Amiloom	11.4%	A connected device that formed a network of people with common friends.	Information Technology & Services	Hardware, Applications, Social Network, Instant Messaging	United States	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1-10	-	-	Inactive	-	-	2012	-	-	-
3.	Paragon	10.0%	A business and technology consulting firm that specialized in enterprise information management.	Information Technology & Services	Consulting, CRM, Information Technology	United States	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	500-1000	-	-	Inactive	-	-	1982	-	-	-

Investors

No.	Image	Name	Investor type	Description	Location	Preferred investment stage(s)	Stages invested in	Assets under management (AUM)	Investment range	Investment sweet spot	Preferred investment focus	Preferred investment geography	No. of investments	No. of lead investments	No. of follow-on investments	No. of co-investments	Portfolio companies	No. of exits	Total exit value	No. of failed investments	Loss on investments	No. of acquisitions	No. of board seats taken	No. of funds	Limited partners	Co-investors	No. of partners	Partners	No. of employees	Management	Board members	Founders	Investor reputation	Contact info	Entity type	Legal name	Former legal name(s)	Founded date	Ticker
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Leadership

No.	Image	Name	Previous designation	Previous company	Previous biography	Previous profile type	Previous location	Experience	Education	Reputation	Current company	Current designation	Current biography	Current profile type	Current location	No. of investments	No. of exits	Total exit value	No. of board seats taken	Contact info
1.		Hector Saenz	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Funding

No.	Financing date	Financing round	Total amount raised	Post-money valuation	Financial viability	Fundraising target amount	Remaining target amount	Financing type	No. of investors	Board seats	Lead investors	Entity type	Financing status
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