Fast Startup Failure: How a $124.5M Startup Imploded in 2022
Fast startup failure explained: how a checkout startup raised $124.5M, earned about $600K in 2021, then shut down. What went wrong?
Unvarnished post-mortems, forensic insolvency audits, and structural breakdowns of venture-backed failures.
Fast startup failure explained: how a checkout startup raised $124.5M, earned about $600K in 2021, then shut down. What went wrong?
In March 2011, a photo-sharing app nobody had used yet announced it had more money than Google got from the same investor at the same stage. The Color app start...
A $699 kitchen appliance that needed a Wi-Fi connection to squeeze a bag of pre-cut vegetables. That was the promise of Juicero, and for about four years it was...
In the summer of 2015, a Luxe valet in a blue windbreaker could be standing on a San Francisco curb, key fob in hand, ready to run your car to a garage three bl...
In June 2020, forty-year-old Austin startup ScaleFactor told its remaining staff the company was suspending most of its operations. Founder Kurt Rathmann blamed...
In April 2019, Anki a robotics company that had sold 1.5 million AI-powered toy robots and pulled in close to $100 million in revenue in a single year laid off ...
In January 2013, three founders in New York launched an app that Twitter had already agreed to buy four months earlier before it had a single user. Three years ...
Why Homejoy failed comes down to one broken week in July 2015 but the real story starts two years earlier. Homejoy, a San Francisco cleaning startup that had ra...
In November 2016, employees of Karhoo a London taxi-comparison startup that had spent a year telling the press it raised $250 million - were told the company's ...
In November 2015, a small Welsh drone company quietly filed for insolvency, and with it went the largest crowdfunding failure Europe had ever seen. The Zano dro...
An in-depth post-mortem autopsy of Fast, the checkout startup that burned through $102M....
A weekly dispatch covering startup funding rounds, shutdown case studies, and founder lessons.