// startup autopsy
Broadband Storage
Cloud storage before its time, killed by the bust
timingSlow Death
Years-long decline before final shutdown · Fatal mistake: Launched a capital-intensive storage infrastructure business at the peak of the dot-com bubble with no path to profitability before funding dried up.
Key Events Timeline
FOUNDING
Broadband Storage founded to offer network storage services over broadband connections.
FUNDING
Raised $16M in venture funding during the height of dot-com enthusiasm.
PRODUCT LAUNCH
Attempted to expand storage services as market conditions deteriorated post-bubble.
SHUTDOWN
Operations ceased as funding was exhausted and no acquirer emerged.