Path
Consumer AppsUSAClosed 2018
Total Raised
$65M
Peak Valuation
$500M
Employees
—
Year Collapsed
2018
Business model
Private, intimate social network limited to a small number of close friends and family.
In brief
Positioned as a beautifully designed, more intimate alternative to Facebook, deliberately limiting how many "friends" a user could have to keep the network meaningful. Despite critical acclaim and a loyal following, it never reached the scale of mainstream social networks, was hi…
See the What Happened tab for the full account.
Key facts
- Founded
- 2010
- Closed
- 2018
- Headquarters
- San Francisco, USA
- Industry
- Consumer Apps
- Employees
- —
- Revenue
- Undisclosed
- Founders
- Dave Morin, Shawn Fanning, Dustin Mierau
Related failures
Color Labs
2011–2012Consumer Apps · USA
No product-market fit$41MSecret
2014–2015Consumer Apps · USA
No product-market fit$35MPeach
2015–2016Consumer Apps · USA
No product-market fitUndisclosedSolyndra
2005–2011Consumer Hardware · USA
Competitive pressure$1.20BJet.com
2014–2020E-commerce · USA
Competitive pressure$820MInVision
2011–2024Design / SaaS · USA
Competitive pressure$350M
Often compared with: Instagram, BeReal.