The Wall Street Journal runs a piece today, highlighting some of the more high profile online / technology fads that have not been successful. Most cost millions to develop and market. View Article
Flooz.com, who attempted to create a digital currency.
iSmell, who wanted to improve your web experience by generating smell via your USB port.
and Microsofts iLoo, the internet enabled toilet.
Some of these ideas are obviously ridiculous. Just goes to show that even the large corporations (Microsoft) and highly experienced business investors can make some big mistakes.