Failed Startups

Gig economy app Takl shuts down after burning through over $37 million in investors’ money

Nickie Louise February 13, 2021

Disgraced Theranos founder and CEO Elizabeth Holmes to blame ‘mental illness’ in her trial defense for defrauding investors out of more than $700 million

Nickie Louise September 12, 2020

Danny Boice, CEO and founder of Virginia-based tech startup Trustify, charged with fraud and money laundering

Nickie Louise July 25, 2020

Quibi failed after raising $1.8 billion for its short video streaming service for millennials

Nickie Louise July 11, 2020

Eleven James, a subscription watch startup that shut down after burning through $40 million, is auctioning off its domain at GoDaddy auction for less than $3K

Nickie Louise February 20, 2020

Founders of clean energy startup DC Solar Solutions plead guilty to running a $1 billion Ponzi scheme

Nickie Louise January 25, 2020

Investors are running for cover after WeWork’s botched IPO

Nickie Louise January 13, 2020

One Earth Designs, maker of SolSource solar cooker, shuts down after raising $500,000 from Mark Cuban

Nickie Louise January 12, 2020

Remembering failed startups of 2019

Nickie Louise December 27, 2019

MoviePass shuts down after burning through $68.7 million of investors’ money

Nickie Louise September 20, 2019

Top startup news for today, Tuesday, February 5, 2019

Nickie Louise February 5, 2019

Mobile social network startup Path is shutting down after burning through $66.2 million

Nickie Louise September 21, 2018

Top tech startup news stories you need to know this Friday, September 21

Nickie Louise September 21, 2018

Porsche joined by Hyundai Motor to lead $80 million Series C financing in Swiss deep-tech startup WayRay

Nickie Louise September 19, 2018

Theranos is finally shutting down after investors lost nearly $1 billion

Nickie Louise September 5, 2018

Failed startups: Tech startups that failed in 2017

Nickie Louise December 23, 2017

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