Adproval
by Matthew AndersonAdproval was a marketplace connecting bloggers and influencers with brands, founded by Matthew Anderson in 2011. Despite raising $300k and eventually generating over $200k in annual revenue through consulting services, the company failed after 6 years due to poor revenue model focusing on small commissions, lack of focus on the advertiser side, and founder burnout from depression and anxiety.
Marketplaceword-of-mouthusage-basedvia Failory