The tenth installment of James Killick’s “12 Map Happenings that Rocked our World” series focuses on a company James actually worked at: MapQuest, which grew very, very rapidly between its launch in 1996 (James outlines its antecedents) to its IPO and acquisition by AOL a few years later. And then:
The new management seemed to have very little interest in anything to do with MapQuest, particularly as it related to product road map and strategy. And with the layoffs and hiring freeze there weren’t enough resources to do anything substantial even if there was a good plan.
I tried to make matters clear and pleaded with the powers that be: MapQuest was a site built on map data but it didn’t make maps. In fact 98% of the map data was licensed from third parties. I knew MapQuest had to build a moat around the product otherwise someone else could swoop in, license the same data and build a better product.
And you won’t win any prizes for guessing who did.
Previously: Remember MapQuest?