Failed – Gravity4
- Current Company Value: SHUT DOWN
Gravity4 came and went like a thief in the night, and lasted a shorter period of time than most Silicon Valley Corporations. The real issue behind Gravity4’s failure truly was its owner, Gurbaksh Chahal. The Indian-American business entrepreneur started another company by the name of RadiumOne, an ad company. While he was the Founder and CEO, he was pushed out of his CEO position in 2014 after being convicted of domestic violence and battery. While he pleaded not guilty, he was still convicted but was only hit with probation. As a result, he launched Gravity4, also essentially an advertising company in 2014.
At this new company, he was sued for gender discrimination in 2015, and other employees also threatened legal action against him. He would be convicted of domestic violence AGAIN in 2016, which violated his probation and resulted in six months in prison. Chahal also gave up his CEO role at Gravity4 due to this. Yet it seemed Gravity4 was only being used to get RadiumOne back, and it never really could integrate any purchased start-ups. They were supposed to gather useful customer data to help ad companies, but all of this never could work under Chahal. He still hasn’t learned his lesson on domestic violence.