DevX.com has an article called Top 10 Reasons for Startup Failure (behind registration wall, sorry.)

If Euclid Discoveries either fails to find an exit strategy, or delivers a negative return on investment, which of the top 10 do you think are going to be the important ones that ruined the party?

1. Some Projects Never Get Started In The First Place
2. Founders Are Terrible Leaders
3. Cumbersome, Complex Product that Never Comes Out of Development
4. Poor Sense of Proof of Concept
5. Founders Look for Funding but Get None
6. Project Takes Too Long, Key Founders Move On
7. Business Model Can’t Support Founding Team
8. Founders Get Funding But Can’t Get the Product Right
9. Product Can’t Find Market
10. Founders Get Funding, Company Doesn’t Take Off, Founders Stall and Create Illusions

Personally I will vote for number 7 and 8 - do read the article for the full description.

Or maybe you think Euclid Discoveries will fail for a reason not on the top 10?

One of the last vestiges of hope for ED has been that their object-based technology could be used in mobile handsets to enable video-conferencing. After all, that’s what they demoed to the Boston Globe back in 2006.

Today at their developer conference, Apple unveiled a new app called FaceTime that does teleconferencing on a mobile handset. And guess what? It uses standard Apple hardware and standard video codecs.

Sorry, Euclid, one more train has pulled away from the station without you getting on board.

If EuclidVision has any legs in the marketplace, how has it so consistently missed every opportunity to make an impact? Is it really possible that standing pat for ten years in a rapidly changing technical field is a strategy?

To an outsider, it’s quite puzzling. Without additional information, one would have to think that the company still has nothing that interests any buyers.