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While many startups were beneficiaries of this funding boom, particularly the 127 that joined the global unicorn herd, others were not so fortunate. Global venture funding increased 105% YoY to reach $158.2B in Q3’21. Startup Failure Post-Mortems 2021 Fourth Update (12/8/21) Original 50 Startup Failure Post-Mortems ().Startup Failure Post-Mortems 2014 First Update ().Startup Failure Post-Mortems 2014 Second Update ().Startup Failure Post-Mortems 2015 First Update ().Startup Failure Post-Mortems 2015 Second Update ().Startup Failure Post-Mortems 2016 First Update ().Startup Failure Post-Mortems 2016 Second Update ().Startup Failure Post-Mortems 2016 Third Update (11/8/16).Startup Failure Post-Mortems 2017 First Update (2/10/17).Startup Failure Post-Mortems 2017 Second Update (6/9/17).Startup Failure Post-Mortems 2017 Third Update (10/31/17).Startup Failure Post-Mortems 2018 First Update (4/17/18).Startup Failure Post-Mortems 2018 Second Update (8/13/18).Startup Failure Post-Mortems 2018 Third Update (11/14/18).Startup Failure Post-Mortems 2019 First Update (2/28/19).Startup Failure Post-Mortems 2019 Second Update (6/19/19).Startup Failure Post-Mortems 2019 Third Update (10/16/19).Startup Failure Post-Mortems 2020 First Update (1/21/20).Startup Failure Post-Mortems 2020 Second Update (8/18/20).Startup Failure Post-Mortems 2021 First Update (2/1/21).Startup Failure Post-Mortems 2021 Second Update (6/16/21).

Startup Failure Post-Mortems 2021 Third Update (9/28/21).Startup Failure Post-Mortems 2021 Fourth Update (12/8/21).So why do so many startups flame out? The real reasons can be hard to uncover, but the obituaries written by founders, investors, and journalists offer plenty of clues.īelow is a time-staggered compilation of startup post-mortems for some of the most notable failures in the CB Insights database.Īfter reading the 390 goodbye letters and investigative takedowns below, check out our rundown for the top 12 reasons that startups shutter.