SaaS/B2B Software
France (Paris)

Allmyapps

$3.5Mlost
6 Years
October 2015
Multiple Factors
Founded by: Thibauld Favre, Arnaud Delubac

Allmyapps was the first independent app store for Windows, designed to simplify software installation and updates in the pre-Windows 8 era. While it gained over 3 million users and secured significant venture capital, the company was eventually crushed by the "platform risk" of Microsoft launching its own Windows Store and a failed pivot into a B2B model.

The Autopsy

SectionDetails
Startup Profile

Founders: Thibauld Favre, Arnaud Delubac

Funding: ~$3.5M from Alven Capital and Elaia Partners

Cause of Death
The Critical Mistake

Failing to Exit During the Peak: The founders had opportunities to sell the company when user growth was high but chose to raise more capital to "go big." They overestimated their ability to compete with a platform owner (Microsoft) on its own turf.

Key Lessons
  • Beware of "Gap" Businesses: If your startup only exists to fix a missing feature in a major platform (like Windows or iOS), the platform owner can kill you by simply releasing an update.
  • Control Your Distribution: If you don't own the "pipe" (the OS), you are always at the mercy of the "landlord."
  • Pivot with Enough Runway: Allmyapps started its B2B pivot too late, with only a few months of cash remaining, which didn't allow for the necessary experimentation.

Deep Dive

In the blog post, "Allmyapps: Story of an almost successful French startup," co-founder Thibauld Favre detailed the specific milestones that led to the decline. The Windows 8 Death Sentence Before 2012, installing Windows apps was a mess of "Next-Next-Finish" installers. Allmyapps provided a "One-Click" solution that users loved. When Microsoft announced their own store, the venture capital market for Allmyapps dried up instantly. Investors realized that competing with an integrated OS feature is a losing battle. The Burn Rate Paradox The company had a team of nearly 30 people in Paris. With $3.5M in the bank and a high burn rate, they needed to find a massive revenue stream quickly. When the consumer model stalled, the large team became a liability rather than an asset, preventing them from being "lean" enough to survive a slow pivot. The Legacy Allmyapps is remembered as a pioneer in the "App Store" movement for desktop computing. After the liquidation, the founders remained active in the tech scene; Thibauld Favre went on to become a notable figure in the Web3 and DAO space. The story of Allmyapps remains a definitive case study in French business schools regarding Platform Risk and the importance of timing in an exit strategy.

Key Lessons

1

Beware of "Gap" Businesses: If your startup only exists to fix a missing feature in a major platform (like Windows or iOS), the platform owner can kill you by simply releasing an update.

2

Control Your Distribution: If you don't own the "pipe" (the OS), you are always at the mercy of the "landlord."

3

Pivot with Enough Runway: Allmyapps started its B2B pivot too late, with only a few months of cash remaining, which didn't allow for the necessary experimentation.

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