Some of these still exist, I don't get it? What dictates when a company is "dead"? Insolvency? Bankruptcy?
For example - Domo is still publicly traded and does $300M in revenue:
The Startup Graveyard
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Re: The Startup Graveyard
#42Ha, almost every "New Business Idea & Product Name" is heavily focused on AI. It tracks. Everytime I present a problem to an LLM the solution is the same "use AI". Can't blame them though.
I hate that every single Execution Plan says has "AI-first" in it. Is this an ad?
Re: The Startup Graveyard
#43I think it's a great idea to highlight that companies that fail in the VC context aren't necessarily bad ideas for companies - there is just a specific business model that thrives with VC funding (extremely high scalability, reliable unit costs) and companies that don't fit that or fail to develop in that direction may still be great businesses but get driven into the ground by VCs trying to find the one unicorn out…
Agreed, there's nothing at all wrong with a company that has a comfortable market fit than makes a pretty consistent $X/yr with Y employees/staff. Not everything needs to be the next big VC Unicorn. A lot of these ideas could very well be multi-million dollar businesses with a little effort.
Re: The Startup Graveyard
#44reminds of the old site fuckedcompany by pud which wrote about startup closures in the dot com era
Same... some of the horror stories still stick to me... move to SF/SV on a big job offer, show up on your first day to locked doors and guys with armed escorts repossessing the servers.
Re: The Startup Graveyard
#45Are these LLM-generated causes of death? There are a couple startups here where I'm somewhat familiar with the "real" causes of death and the stated cause here is just fluff.
Some of them also aren't really dead.
Re: The Startup Graveyard
#46I think MySpace being an example is bizarre. It had its time and I'm sure it made a lot of advertising revenue. It walked so Facebook could run. I guess there's potential for another social media start-up, but its a crowded space for sure.
Re: The Startup Graveyard
#47AI slop, a good portion of these are either still in business or acquired and still running.
Re: The Startup Graveyard
#48I guess I don't see the problem? Nothing lasts forever, and everyone involved knew the risks. That money wasn't purely wasted, it went into salaries and other products. At least half ended in exits and became a part of another company. The ability to fail and fail big is what makes the SF tech scene special... people aren't afraid to try something audacious. And sure, the world could take-or-leave most of these produ…
I don't think this website is implying there was a 'problem' per se. In fact it seems to be geared towards helping resurrect the original premises
"Where $32.5B+ in venture capital was burned to ashes." isn't exactly a positive spin.
At least the copy seems AI-generated though, so I guess can't read too much into it.
Re: The Startup Graveyard
#49Why is this flagged? It's a funny idea, perhaps even an intentional tongue-in-cheek joke.
Is it because many of these were HN startups? Are we free to speak our minds here or do we get penalized for criticizing startups in any way?
Re: The Startup Graveyard
#50AI slop, a good portion of these are either still in business or acquired and still running.
True - I shipped way too early but have done a lot of clean-up