Divest products you cannot win rather than slowly bleeding resources into losing battles
When you honestly assess that you can't win a category, divesting is better than continuing to add features while losing market share. The opportunity cost of not divesting is reduced focus on battles you can win.
When to use
When a product is growing but losing competitive ground to a focused competitor who is executing better
Don't do this
Continuing to invest in a losing product because admitting defeat is uncomfortable, slowly draining resources from winning opportunities
2 Founders Who Did This
Divested HipChat/Stride to Slack in 2018 after acknowledging they could not win despite product quality, choosing honest assessment over prolonged losing battle
Sold HipChat/Stride intellectual property to Slack in 2018 and built deep integrations instead of continuing to compete in team messaging.