> So most funded startups are just shutting down after 12 - 18 months with the investors losing all their money.
Hasn't this been true since startups existed? Most startups fail, everyone knows that.
Hasn't this been true since startups existed? Most startups fail, everyone knows that.
I think what's new is the string of high-profile companies who have raised lots of money, released a product, and then shut down only a few months later. (Peach, Meerkat, Talkshow, etc.)