which companies have shut shop in 2023 till now?
many companies are shutting down especially the named ones. many are close to getting shut. is there a good resource to track? want to keep it handy for future purposes. :)
Lets collate a list. I will start with a few guesses.
please add - lets collate a list and analyse again in 18 months.
I think everyone on this thread is way too pessimistic. Don’t let one market downturn make you feel these aren’t great businesses.
Many of these are true problem solving businesses that will have long term demand.
Request peeps to keep the optimism high as optimism creates value. Pessimism breeds nothing
Apna
Genuinely curios, why do you think so ?
Difficult to make money in blue collar jobs space despite the amazing volume they've achived.
The bull market valuation has made apna a zombiecorn. They're going to find it difficult to raise now.
Pivot into grey / white could be the only game changer. Personally, I hope they succeed in it.
many companies are shutting down especially the named ones. many are close to getting shut. is there a good resource to track? want to keep it handy for future purposes. :)
While there are lot of VCs coming out with their ‘expert’ outlook on 2024, let’s be real to share our own predictions. Idea is to share and learn and not just mudsling.
Let me go first with few of my own
Name of company Months left according to you Reason
For me:
Byjus 7-8 months max Selling tabs and doing fraud with poor parents In name of edtech doesn't work
I put this post 1 year back that Byjus may shut down and funny to see the comments of people now , 🤣🤣🤣
Checkout this post on Grapevine - https://share.gvine.app/Adbx5VpHdqDZLR7b7
Byjus may shut down
19+ comments on Grapevine
Here...
There are so many startups failing all around. Many which I thought were doing something great also have been duds. Some epic surprise failures would be dunzo, pharmeasy, etc. It looks like there will be many more such revelations in com...