Girişimci Kafası archive

Startup Graveyard

1,686 startups that shut down, went under or quietly disappeared. $31.2 billion of investment on record was laid to rest here. Every headstone holds a lesson.

Startups1,686
Known capital burned$31.2 billion
Average lifespan10.3 years
Most common causeBusiness model failed
Countries81
Biggest lossArgo AI ($3.6 billion)

241-300 of 1,686 startups

Closed2013 – 2015

Secret

The mobile social app for sharing anonymous messages with your circle of friends

United States$35 millionProduct problems
Closed2011 – 2015

Sidecar

One of the first-generation ride-sharing apps connecting drivers with passengers

United StatesLost to competitors
Closed2014 – 2015

Zano

The mini drone billed as Europe's biggest Kickstarter that was never delivered

United Kingdom$3.4 millionProduct problems
Closed2010 – 2015

Şehir Fırsatı (Groupon Türkiye)

Groupon's Turkish brand, a daily deals site selling vouchers for restaurants, spas and events

TurkeyBusiness model failed
Closed2010 – 2014

99dresses

The infinite-wardrobe start-up that gave women a virtual currency for swapping clothes

Australia$595KRan out of cash
Closed2012 – 2014

Aereo

A streaming service that brought local TV channels online through tiny rented aerials

United StatesRegulation and legal issues
Closed2010 – 2014

Argyle Social

A Durham-based software start-up offering social media management for marketers

United States$1.6 millionLost to competitors
Closed2005 – 2014

BERG

The London design studio that created Little Printer and turned to connected products

United Kingdom$1.3 millionNo market need
Closed2004 – 2014

Céidot Oyun Stüdyoları

The pioneering Ankara game studio behind Hükümran Senfoni and Umaykut

TurkeyRan out of cash
Closed2011 – 2014

Desti

A super intelligence-driven travel planning app spun out of SRI, the birthplace of Siri

United StatesAcquired and shut down
Closed2013 – 2014

Metrekare.com

A mobile-first, next-generation property listings site with neighbourhood-level price analysis

TurkeyLost to competitors
Closed2010 – 2014

Mt. Gox

The Tokyo exchange that once handled most of the world's bitcoin trading

JapanProduct problems
Closed2002 – 2014

OpTier

The transaction monitoring software that fell behind its market despite raising over $100 million

United States$100 millionLost to competitors
Closed2008 – 2014

Springpad

The note-taking app that reached 5 million users in Evernote's shadow but never built a revenue model

United States$7 millionBusiness model failed
Closed2013 – 2014

Tablet Seminerler

A short-course platform that sold expert seminars online and delivered them in person

TurkeyTeam problems
Closed2012 – 2014

Verelo

The Toronto site-monitoring start-up sold to Dyn a few weeks after announcing it would close

CanadaAcquired and shut down
Closed2012 – 2014

Youlike

The dating site and social network that matched people by what they love and loathe

TurkeyFailed pivot
Closed2011 – 2013

Admazely

The start-up that offered small online shops easy-to-install retargeting ads

DenmarkRan out of cash
Closed2010 – 2013

BenVarım

Turkey's first home-grown crowd-giving platform, helping NGOs raise donations through social media

TurkeyTeam problems
Closed2007 – 2013

Better Place

The ambitious mobility start-up that built battery-swap stations for electric cars

United States$850 millionBusiness model failed
Closed2011 – 2013

DayBuyDay

A private shopping site founded as a partnership between Hepsiburada and Cem Hakko, which launched with Vakko

TurkeyAcquired and shut down
Closed2012 – 2013

DesignLocks

An online shop offering different, original design products every day

TurkeyNo market need
Closed2007 – 2013

Dopplr

The network that matched your travel plans with your friends', bought and shut down by Nokia

United KingdomAcquired and shut down
Closed2011 – 2013

Everpix

The much-loved photo service that gathered all your photos in the cloud and picked out the best

United States$1.8 millionRan out of cash
Closed2011 – 2013

Flowtab

The Los Angeles start-up that promised drinks ordered by phone, with no queueing at the bar

United States$75KBusiness model failed
Closed2010 – 2013

Flud

A San Diego app that wanted to turn reading the news into a social experience

United States$2.1 millionFailed pivot
Closed2009 – 2013

Formspring

The social network that started the anonymous Q&A craze and reached 30 million users

United States$14 millionRan out of cash
Closed2012 – 2013

Gamoba

A vertical e-commerce site selling PC and console games, gaming accessories and electronics

TurkeyLost to competitors
Closed? – 2013

Gaxxi

A home-grown Turkish content management system offering paid blog and website hosting

TurkeyAcquired and shut down
Closed2012 – 2013

Goboti

The e-commerce site selling one designer T-shirt a day from Turkish designers

TurkeyBusiness model failed
Closed2012 – 2013

Gurunzi

The curated shopping site selling, at a discount, products that celebrities had tried and recommended

TurkeyRan out of cash
Closed2009 – 2013

Kno

The start-up that set out to build a dual-screen tablet for students and ended up in digital textbooks

United States$73.4 millionAcquired and shut down
Closed2011 – 2013

Memurfoni

A group-buying site offering discounted deals to members of Memurlar.net

TurkeyBusiness model failed
Closed2011 – 2013

Pakette

The Turkish e-commerce site that sold one discounted product a day, with free shipping on three

TurkeyBusiness model failed
Closed2008 – 2013

Posterous

A Y Combinator-backed blogging platform that made it easy to publish posts by email

United StatesAcquired and shut down
Closed2011 – 2013

PostRocket

A marketing tool from young founders that promised to boost the reach of Facebook posts

United States$610KProduct problems
Closed2009 – 2013

Salorix

The social media analytics start-up whose founder and investors could not agree on an offer from Google

United States$3.5 millionTeam problems
Closed2011 – 2013

Sonar

The New York social discovery app that showed your connections with people in the same room

United StatesNo market need
Closed2012 – 2013

StilSOS

The social fashion showcase that presented products from different brands and designers as outfits

Turkey$230KBusiness model failed
Closed2009 – 2013

Totsy

The flash-sale site for mothers that went into liquidation a year after raising $23.5 million

United States$23.5 millionRan out of cash
Closed2011 – 2013

Turntable.fm

The social listening site where users took turns playing DJ in virtual rooms

United States$7 millionBusiness model failed
Closed2010 – 2013

Tutorspree

The would-be Airbnb of tutoring that closed after becoming dependent on Google traffic

United States$1.8 millionBusiness model failed
Closed2010 – 2013

VIPDükkan

One of Turkey's first flash-sale sites, a branded-goods discount club that grew on TV advertising

Turkey$5 millionRan out of cash
Closed2011 – 2013

Wantful

A personalised gift recommendation start-up that shut down abruptly when Nordstrom's investment failed to arri

United States$5.5 millionRan out of cash
Closed2012 – 2012

Bamarang Türkiye

Rocket Internet's Turkish site selling design products through flash sales

TurkeyBusiness model failed
Closed2010 – 2012

Color Labs

The proximity photo-sharing app that raised $41 million and could not keep its users

United States$41 millionProduct problems
Closed2011 – 2012

Evimister

The vertical e-commerce site selling everything from home decor to home electronics

TurkeyBusiness model failed
Closed2012 – 2012

Fyonk

A social gifting app that let people send friends gift vouchers on their Facebook birthdays

TurkeyNo market need
Closed2009 – 2012

Glitch

The combat-free, co-operative browser multiplayer game that gave birth to Slack

CanadaNo market need
Closed2007 – 2012

Gowalla

The Austin start-up that took on Foursquare in the check-in race and closed after joining Facebook

United States$10 millionAcquired and shut down
Closed2008 – 2012

Monster Türkiye

The Turkish job listings and CV platform of the global careers site Monster

TurkeyLost to competitors
Closed2005 – 2012

Pabbuc.com

A shoe and bag shop remembered as Turkey's first online shoe retailer

TurkeyTeam problems
Closed2011 – 2012

Saklışehir

A group-buying site offering traditional experiences to conservative users

TurkeyNo market need
Closed2006 – 2012

Sosyomat

A home-grown, tag-based Turkish social network founded before Facebook caught on in Turkey

TurkeyLost to competitorsCorporate product
Closed2011 – 2012

Sporena

The Turkish vertical e-commerce site selling sports shoes, clothing and accessories

TurkeyBusiness model failed
Closed2010 – 2012

Vimjo

A Turkish e-commerce site that set out to bring personal care and health products together in one place

TurkeyRan out of cash
Closed2012 – 2012

Zidaya

The shoe, clothing and accessories site Rocket Internet set up in Turkey

TurkeyBusiness model failed
Closed2008 – 2011

İçkisepeti

The Istanbul site that delivered alcohol to your door in about half an hour, 24 hours a day, 7 days a week

TurkeyRegulation and legal issues
Closed2005 – 2011

Solyndra

An energy start-up backed by a federal loan guarantee that made cylindrical thin-film solar panels

United States$198 millionLost to competitors
Closed2007 – 2010

EventVue

The Boulder start-up that built private social networks to connect conference attendees

United States$256KNo market need

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This section is compiled from public sources (Wikidata, news archives and company announcements). Figures are given as they appear in those sources; unknown fields are left blank. If you spot a mistake in an entry, you can send us a correction.