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the firework that promised a bang and delivered a shrug.

means something that fails to work or deliver, especially after building up expectation.

from from middle english dudde meaning ragged clothing, worn-out and worthless; by ww1 soldiers borrowed it for shells that didn't explode, and the meaning stuck to anything that fizzles instead of fires.

for instance

new cokecoca-cola's 1985 reformulation, pulled within 79 days

the edselford's 1958 car line, lost over 350 million dollars

windows vistamicrosoft's 2007 os, widely panned and quickly replaced

quibistreaming app that shut down 6 months after launch, 2020

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