IP: Re: 6 to 8 percent of Internet startups have folded?

[David Farber <dave () farber net>]

> Date: Wed, 1 Aug 2001 15:42:02 -0700
> From: Brad Templeton <brad () templetons com>
> To: farber () cis upenn edu
> Subject: Re: IP: 6 to 8 percent of Internet startups have folded?
> User-Agent: Mutt/1.2.5i
> Organization: http://www.templetons.com/brad
>
>
> I don't know what to think of these stats, Dave.   Most of the companies
> that shut down, especially ones that were small to medium without famous
> investors or lots of people to lay off, have shut down very quietly, I think.
>
> Sample point of 1, but a company I invested in that also got a VC round
> shut its doors a couple of months ago, but we're hardly bragging about
> it, and there's no mention of it in sites like fuckedcompany.   So as
> long as a company of this size can shut down without a whimper, I
> non-scientificly suspect there are lots of others, and even more that
> never got VC funding.
>
> I know several other companies that have moved into "coast" mode, not
> really sure where they are going, knowing their old bizplan can't possibly
> make it, but down to skeleton staff and not out of money.  Not dead,
> but a failure in my book.
>
> I have also heard tell of VCs merging their companies (counting that as a
> "sale" and thus not a failure) and then killing the merged company and
> counting it a single failure.



For archives see: http://www.interesting-people.org/