Evaluating only Push Pop Press’s profile at its peak — without knowing the outcome — the model ranked Acquisition gone wrong as the #1 likely cause. That’s exactly how it died.
Key Events Timeline
FOUNDING
Push Pop Press founded in January 2010 by former Apple engineers Mike Matas and Kimon Tsinteris to build an interactive digital publishing platform for iPad.
PRODUCT LAUNCH
Push Pop Press publicly debuted its interactive e-book technology at TED 2010, showcasing rich multimedia capabilities including embedded video, animations, and touch-driven infographics.
PRODUCT LAUNCH
Al Gore's 'Our Choice,' the first and only title published on the Push Pop Press platform, launched on the iPad App Store in February 2011 at a price of $4.99.
PRODUCT LAUNCH
Apple named Al Gore's 'Our Choice,' built on Push Pop Press technology, its iPad App of the Year for 2011, bringing the two-person startup significant industry recognition.
ACQUISITION ATTEMPT
Acqui-hire: Push Pop Press ceases operations after Facebook acquired the two-person company in August 2011, with founders Mike Matas and Kimon Tsinteris joining Facebook to work on the Timeline feature.
SHUTDOWN
Facebook shut down the Push Pop Press publishing platform immediately following the acquisition in August 2011, ending any prospect of the technology being licensed or expanded to other publishers.
Full Analysis
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Documented cause
Push Pop Press built a revolutionary interactive e-book platform for iPad. Their first (and only) release, Al Gore's "Our Choice," won Apple's App of the Year. Facebook acquired the two-person company in August 2011. The founders joined Facebook to work on Timeline. The publishing platform was shut down immediately after acquisition.
Lesson
“When acqui-hires happen, the product dies the same day. Build for a mission, not for an exit.”
Failure anatomy
Collapse type
Acqui-hire
📉 MEDIUM
Hype cycle
peak of inflated expectations
Moat type
Technology
Fatal mistake
Acqui-hired by Facebook — platform shut down same day as acquisition announcement
FAQ
What happened to the "Our Choice" app after the acquisition?
It was removed from the App Store after Facebook acquired the company. The app is no longer available and the technology was never released to other publishers as originally planned.
What did Mike Matas go on to do at Facebook?
Matas was a key designer on Facebook Timeline and other Facebook products. He later left Facebook and has been involved in various design and tech projects.