We can learn a lot from successful entrepreneurs, but arguably we can learn even more from those that fail.
Collapsed can be a great resource for anyone working at a startup to study things that lead previous companies to struggle and perhaps change their own journey.
@mubashariqbal I'm a huge fan of "startup graveyard" projects for the same reason. It's so important to celebrate failure, understanding and growth as a tool for improving our future.
@katesegrin I remember when F*ckedCompany (by @pud) first launched, loved to read the amazing tales of crazy things startups used to do, that lead a lot to fail!
@mubashariqbal one of my favorites is when they have insane burn rates-- you can see it coming a mile away, but you know they're having a blast on the way out 😂🙈
@aaronkazah Congrats on the launch Aaron. Totally get it! Good luck! re: your question - yes, links. context, story, post mortem - these are super useful for the community.
Report
@mubashariqbal have you thought about allowing the company founders to list their failed startup for sale? I have previous startups to where I would love to sell or license existing code, IP, etc.
Report
How're you defining a "failure"? Reading Gowalla's post, it says "Gowalla was a thriving app, however growing competition from Foursquare and Burbn (later Instagram) led to them shutting down and being acquired by Facebook". Isn't the acquisition a "successful" exit?
Report
@aaronkazah sounds like an interesting feature! I'm excited to see how it all works out. 😄 definitely think there's something to this idea of "how you define failure" and ensuring that all the context is gathered for folks to make informed conclusions and takeaways/learnings.
Great effort! Looking forward to when the cause of failure section is more detailed. Curious, what did you write the site in?
Report
Love the idea and this source—failures should definitely be discussed more often (there's little sense in repeating others' mistakes).
I wish the "Causes of Failure" section pulled in more direct info from the sources; maybe in a timeline (like Crunchbase) to help users trace a more accurate picture of failure over time.
@stedman_rh Hey! To add to this - I was really interested in Circa (same industry to the one I operate in) - however description etc on Crunchbase was different to the one on Collapsed. Just something to bear in mind - please make sure the info is accurate - especially in this day and age!
Report
Very nice.
Report
I proly could've used a smaller image. Sorry'bout that.
World Cup Next
My Octocat by Github
World Cup Next
My Octocat by Github
Hubble
World Cup Next
Bugsee
Bugsee
Just For Today by Fred (Not Freud)
The Hattusia ethics ROI calculator