Remembering the startups we lost in 2023

Remembering the startups we lost in 2023

a year ago
Anonymous $oNW8tt9dEO

https://techcrunch.com/2023/12/30/remembering-the-startups-we-lost-in-2023/

Not every startup collapse is an FTX or Theranos. They don’t all burn so brightly and explode so spectacularly. More often than not, there won’t be some high-profile court case and prison time. Amanda Seyfried isn’t going to play you in the made for Hulu movie.

The story of most startup failures is far less exciting. The timing isn’t right, funding dries up, runways run out. Of late, a lot of macroeconomic factors have come into play, as well. These past few years have been especially brutal for startup land. According to a recent PitchBook survey, “approximately 3,200 private venture-backed U.S. companies have gone out of business this year.”