BUNDLED OUT OF BUSINESS

Summary from the TLDR Founders newsletter

Google just killed a $425 million company by making its product free. Marin Software spent 7 years building the perfect dashboard to manage ads across Google, Facebook, and Yahoo - agencies loved it, and it IPO'd in 2013. Then Google improved Ads Editor and Facebook launched Business Manager, both free. Marin's revenue peaked in 2015 and slid every year until this week's bankruptcy.