July 26, 2024

Failed Startups

Cameo, a unicorn tech startup once valued at over $1 billion, is now broke and can’t pay a $600,000 fine

Daniel Levi July 26, 2024

Ozy Media and CEO Carlos Watson convicted of fraud after staged calls with Goldman Sachs

Daniel Levi July 16, 2024

Ionic Materials, a tech startup set to revolutionize lithium batteries for EVs, shuts down operations

Nickie Louise June 6, 2024

Adam Neumann makes a $500 million bid to buy WeWork out of bankruptcy

Nickie Louise March 26, 2024

Thrasio, an e-commerce startup that buys Amazon businesses, files for bankruptcy after raising $3.4 billion in funding

Nickie Louise February 28, 2024

Spreadsheet.com is shutting down after raising $5.5 million in funding and over 170,000 users

Nickie Louise February 24, 2024

Digital news startup The Messenger shuts down less than a year after burning through $50 million

Nickie Louise February 1, 2024

Uber shuts down Drizly, an alcohol delivery startup it bought 3 years ago for $1.1 billion

Nickie Louise January 17, 2024

InVision, a tech startup once valued at $2 billion, shuts down after burning through $356.2M of investors’ cash

Daniel Levi January 11, 2024

Bird, an electric scooter company once valued at $2.5 billion, filed for bankruptcy

Nickie Louise January 2, 2024

SmileDirectClub, a telehealth startup once valued at $8.9 billion, shuts down after bankruptcy

Daniel Levi December 11, 2023

OpenView abruptly shuts down amid challenging VC climate, despite raising a total of $2.4 billion in funding

Nickie Louise December 6, 2023

Zeus Living, a real estate startup backed by Airbnb, is shutting down after raising $150M in total funding

Daniel Levi November 8, 2023

From unicorn to bankruptcy: WeWork, once most valuable US startup, files for bankruptcy

Nickie Louise November 7, 2023

Intuit is shutting down Mint, a popular personal finance app acquired in 2009 for $170 million; moves users to Credit Karma

Nickie Louise November 6, 2023

WeWork to file for bankruptcy as early as next week after burning through $22 billion of investors’ money

Nickie Louise November 1, 2023

Why Online Businesses Fail: Top 5 Mistakes to Avoid

Nickie Louise October 18, 2023

91% of Startups Fail: Here are the top 25 reasons why startups fail in 2022

Nickie Louise September 19, 2023

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