Recent Virtudyne

A four part series that tells of the rise and fall of Virtudyne, one of the largest privately-financed ($200M) disasters in our industry.

Oct 2006

Virtudyne: The Digital Donkey

by in Virtudyne on

This is the final article in a four part series that tells of the rise and fall of Virtudyne, one of the largest privately-financed ($200M) disasters in our industry. Though all names have been changed to protect the guilty, I've worked very closely with Rob Graves (the submitter) to ensure that this presentation is as close to how it happened as possible. The third article is Virtudyne: The Savior Cometh

After three years of full-time employment at Virtudyne, Rob Graves finally decided to call it quits. Most of Rob's friends and family thought he was insane to leave a cushy job where he was making 30% more than he could anywhere else in town. But then again, most of his current and former coworkers thought he was insane for staying so long.

226 comments - Last comment @ 2024-09-16

Virtudyne: The Savior Cometh

by in Virtudyne on

This is the third article in a four part series that tells of the rise and fall of Virtudyne, one of the largest privately-financed ($200M) disasters in our industry. Though all names have been changed to protect the guilty, I've worked very closely with Rob Graves (the submitter) to ensure that this presentation is as close to how it happened as possible. The second article is Virtudyne: The Gathering.

Virtudyne's first three years are best summed up with a single word: disastrous. Nearly $90M had been spent developing a product that was barley functional and completely unsalable. Most would call that "miserable failure" and encourage all involved to salvage what they could, abandon ship, scuttle the remains, and never look back. But one person saw it as the golden opportunity; he was known as The Savior

209 comments - Last comment @ 2024-06-13

Virtudyne: The Gathering

by in Virtudyne on

This is the second article in a four part series that tells of the rise and fall of Virtudyne, one of the largest privately-financed ($200M) disasters in our industry. Though all names have been changed to protect the guilty, I've worked very closely with Rob Graves (the submitter) to ensure that this presentation is as close to how it happened as possible. The first article is Virtudyne: The Founding.

The Founder had little trouble convincing his millionaire friends to invest in Virtudyne. It wasn't so much the idea of a Microsoft Office Killer, but that fact that it was 1999 and just about anyone with an internet company could go public and become an overnight billionaire. Within one month of The Founder's grandiose idea, he had secured an impressive eleven million in funding.

103 comments - Last comment @ 2006-10-31

Virtudyne: The Founding

by in Virtudyne on

This is the first article in a four part series that tells of the rise and fall of Virtudyne, one of the largest privately-financed ($200M) disasters in our industry. Though all names have been changed to protect the guilty, I've worked very closely with Rob Graves (the submitter) to ensure that this presentation is as close to how it happened as possible.

135 comments - Last comment @ 2024-11-03
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