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Thrasio, an e-commerce startup that buys Amazon businesses, files for bankruptcy after raising $3.4 billion in funding
Nickie Louise Posted On February 28, 2024


Thrasio, the Medfield, Massachusetts-based tech startup renowned for its Amazon business acquisitions, has filed for bankruptcy protection under Chapter 11 in a New Jersey court. The move, as reported by CNBC, comes as a significant twist in the journey of […]


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Bankruptcy  / Failed Startups  / Featured  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Bird, an electric scooter company once valued at $2.5 billion, filed for bankruptcy
Nickie Louise Posted On January 2, 2024


Bird, the electric scooter company once valued at $2.5 billion, has filed for Chapter 11 bankruptcy, citing a series of setbacks. Bird confirmed in a press release that it has entered a “financial restructuring process” to bolster its balance sheet […]


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Bankruptcy  / Failed Startups  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
WeWork to file for bankruptcy as early as next week after burning through $22 billion of investors’ money
Nickie Louise Posted On November 1, 2023


Venture capital-backed star, WeWork, has finally met its downfall, transforming into what many are calling “WeCrashed,” a reference to the TV show on Apple+. The once-celebrated co-working unicorn startup is filing for bankruptcy as early as next week, according to […]


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