2. WebTV

What Was It: Introducers of Internet TV.

Launched: 1995

What Went Wrong: Reservation of people to use internet on TV.

Who Adopted The Idea Later: Several vendors such as Panasonic, Samsung etc.

Summary: The first introducers of internet TV, it fell prey to the reservation of people against using internet from their television sets. Their vision was brilliant but one cannot neglect the possibility of internet TV’s sweeping the market very soon.

1. NextNewNetworks

What Was It: High-quality online video content producer.

Launched: 2007.

What Went Wrong: The company failed to understand the market dynamics of online content.

Who Adopted The Idea Later: YouTube acquired NextNewNetworks later.

Summary: The Company had a vision of becoming the MTV of the web providing users with high quality video contents. They wanted to offer what YouTube offers today and the irony; it has been acquired by YouTube for advising people who create videos for YouTube.

Also Read: 8 Indian Startups That Shifted Track To Find Success

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