Just a few years ago, GrooveBook was one of the hottest startups in the country. They had just raised $6 million from top tier investors and had been featured on Shark Tank, where they turned down a $150 million offer from Mark Cuban.
But today, GrooveBook is no more. They were acquired by Lifecake, a startup that makes a baby photo book app, in 2016. And earlier this year, Lifecake announced that they would be shutting down GrooveBook.
So what happened?
There are a few possible explanations. First, GrooveBook was always a bit of a niche product. It was a great idea for people who took a lot of photos but didn’t want to print them all out or pay for a professional photo book.
But it’s hard to build a sustainable business on a niche product. And as smartphone cameras got better and better, the need for a service like GrooveBook diminished.
Secondly, GrooveBook was never a very profitable business. They had to pay for the printing and shipping of each photo book, and they didn’t charge very much for the service.
Finally, it’s possible that GrooveBook was just ahead of its time. Photo books are becoming more popular again, thanks to digital printing advancements and the rise of social media. But GrooveBook didn’t make it to the other side of that trend.
Ultimately, GrooveBook was a victim of bad timing and a tough market. But their story is a reminder that even the most promising startups can fail.
The company was founded in 2012 and quickly gained popularity, with over 100,000 subscribers by 2014. The company has continued to grow since then, and is now one of the most popular websites on the internet.
Unfortunately, GrooveBook was acquired by Shutterfly in early 2014 and the service was discontinued. However, there are plenty of other great photo printing and book services out there that you can use to create beautiful, lasting memories!
The now-defunct service was known for its simple interface and user-friendly design. Its demise has been mourned by many of its former users.
GrooveBook was a subscription-based service that allowed users to receive monthly printed photo books. The service was available on iOS and Android, and users could connect their social media accounts or add photos manually. The company was founded in 2012, and it was acquired by Shutterfly in 2014.
It's no secret that Shutterfly has had some trouble with its photo printing services over the past few years. The company's first foray into the space, GrooveBook, was met with lukewarm reception and ultimately shuttered. Shutterfly later relaunched a similar service called Printsity, but it was not as successful as GrooveBook.
Now, it looks like Shutterfly is finally getting its act together when it comes to photo printing. The company has announced a new service called Shutterfly Photos. This service offers high-quality photo printing at a competitive price, and it looks like Shutterfly has learned from its past mistakes.
Only time will tell if Shutterfly Photos can find success where GrooveBook and Printsity failed, but it's certainly off to a promising start.