June 13, 2025
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Failed Startups


The rise and fall of Wish.com: How a $10B e-commerce unicorn crashed and burned
Daniel Levi June 10, 2025

Builder.ai, a Microsoft-backed AI startup once valued at $1.2 billion, files for bankruptcy: Is AI becoming another .com bubble?
Daniel Levi May 24, 2025

Celsius founder Alex Mashinsky sentenced to 12 years for crypto fraud, ordered to pay $48M
Nickie Louise May 9, 2025


Skype shuts down today: Microsoft pulls the plug 14 years after $8.5B acquisition — Here are the best alternatives
Nickie Louise May 5, 2025

This founder’s $195M startup dream turned into a nightmare over coffee
Nickie Louise April 17, 2025

Nate, a startup that promised AI-powered shopping, turns out to be secretly powered by hundreds of humans in the Philippines
Daniel Levi April 14, 2025


23andMe files for bankruptcy, founder and CEO Anne Wojcicki resigns
Nickie Louise March 24, 2025

Startup Statistics: 20 Surprising Facts You Need To Know in 2025
Nickie Louise March 3, 2025

Skype is shutting down in May: Microsoft pulls the plug after 22 years—Was its $8.5 billion bet a failure?
Nickie Louise February 28, 2025


Humane AI pin startup shuts down, sells to HP for $116M after burning through $230M in investor cash
Nickie Louise February 19, 2025

Fintech startup Level abruptly shuts down after burning through $27 million of investors’ cash
Nickie Louise January 2, 2025

Bench, a popular accounting platform startup, acquired by Employer.com 3 days after abrupt shutdown
Nickie Louise December 31, 2024


Northvolt, once a symbol of Europe’s electric car revolution, files for bankruptcy after burning through $10 billion in investor cash
Nickie Louise November 25, 2024

AI healthcare startup Forward shuts down after burning through $400 million from investors
Nickie Louise November 18, 2024

23andMe’s Fall: From $6 billion genetic testing company to near collapse; what happens to your DNA data?
Nickie Louise October 11, 2024


Grabango, an Amazon cashierless rival that offers checkout-free tech, shuts down after failing to secure funding
Nickie Louise October 10, 2024

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


ICQ shuts down: ICQ is shutting down after 28 years of offering instant messaging service
Nickie Louise June 26, 2024

Ionic Materials, a tech startup set to revolutionize lithium batteries for EVs, shuts down operations
Nickie Louise June 6, 2024