HAPPY HALLOWEEN & WELCOME TO THE STARTUP GRAVEYARD!
So far VC’s have burned $1 Billion of someone’s money (It’s always OPM) in some really stupid investments.
I always wonder who the hell does the due diligence, risk mitigation and future valuation of these investments.
If this moron was working for me I would not fire him but send him to North Korea’s nuclear lunch pads as the chief rocket igniter.
Thanks to our great friends at PitchBook we have a great interactive graphic data on all the recent 11 massive failures.
Enjoy the read but don’t forget this is only the tip of the Iceberg of Startup Failures.
There are hundreds if not thousands more in the basement…
But Juicero and Teforia will always be my favorite f-k ups of the coastal VCs…
2017’s Startup Graveyard: 11 failed companies, $1B in VC funding! https://pitchbook.com/news/articles/2017s-startup-graveyard-11-failed-companies-1b-in-vc-funding via @PitchBook