r/shutdown • u/egonkasper • May 24 '25
A Billion Dollar AI Startup Just Collapsed Spectacularly
9
Upvotes
r/shutdown • u/mikeg53 • Mar 19 '25
Fauna database as a service shutdown
6
Upvotes
https://fauna.com/blog/the-future-of-fauna
The Future of Fauna
Today we have some significant announcements about the future of the Fauna service as well as our core technology.Fauna’s mission has been to make working with operational data productive, scalable and secure for every software development team. Over the years Fauna built a revolutionary new document-relational database that has delighted thousands of development teams across the globe and powered the businesses of hundreds of paying customers. However, after careful consideration, we have made the hard decision to sunset the Fauna service over the next several months.Driving broad based adoption of a new operational database that runs as a service globally is very capital intensive. In the current market environment, our board and investors have determined that it is not possible to raise the capital needed to achieve that goal independently. While we will no longer be accepting new customers, existing Fauna customers will experience no immediate change. We will gradually transition customers off Fauna and are committed to ensuring a smooth process over the next several months. For more specifics see the FAQ below.The Future of Fauna
r/shutdown • u/Sonicfan19198282 • Mar 13 '25
The shut down of BS-X Satellaview. "I ploud of you forever" should definitely become a meme.
5
Upvotes
r/shutdown • u/sankalpbhatia2003 • Jul 21 '24
EdTech Setback? BlueLearn shuts operations after raising $4million for their "community app"
3
Upvotes
Wrote a short analysis on BlueLearn - a community app where students could network and learn from each other. Never understood how they could monetise the app but I hope it was useful for some students.
I really liked what the company was working towards till the time they were a simple Discord Channel and had not gotten trapped in the "raising funds from VCs for everything" movement.
Even the founder mentions in his YouTube video that the business wasn't a VC scalable business.
Kudos to the founders for returning 70% of the capital to the investor though!
r/shutdown • u/ltsc1980 • Jun 25 '24
MTV News Website Goes Dark, Archives Pulled Offline
7
Upvotes
r/shutdown • u/mikeg53 • Jan 17 '24
Uber sobers up, shutting down Drizly
11
Upvotes
From Titan:
Uber announced that it’s shutting down Drizly, the alcohol-delivery service it acquired for $1.1 billion in 2021. Uber bought the company when lockdowns boosted alcohol-deliveries but sales haven’t kept pace with other business segments. According to reports, the company plans to continue its focus on allowing consumers to “get almost anything – from food to groceries to alcohol – on a single app”.
Drizly was always a bit of an odd match for Uber, in that it didn't hire or contract its own delivery workers. Instead, Drizly provided backend tech that let local liquor stores provide their own deliveries. In cities like New York, it was likely serviceable but having never fully integrated into Uber’s ecosystem, it makes sense that they’re refocusing costs into their (almost) everything app.
https://www.cnn.com/2024/01/15/business/uber-is-shutting-down-drizly/index.html
r/shutdown • u/jrowley • Jan 12 '24
News aggregator Artifact, started by Instagram founders, announces plans to shutdown
3
Upvotes
r/shutdown • u/mikeg53 • Dec 01 '23
Ness heads back into the Loch
4
Upvotes
https://nesswell.com/
After a $15.5m seed round in May of 2022 - Ness seems to have run out of money.
Ness builds a credit card-first wedge into healthcare. It allows its user to earn rewards for healthy purchases and access exclusive perks to complement their lifestyle. It was established in 2021 and is based in New York, United States.
r/shutdown • u/zbowling • Nov 25 '23
Alameda Sun Newspaper, of 23 years, is closing and shutting down it's website.
alamedasun.com
2
Upvotes
r/shutdown • u/TakeoChan • Nov 03 '23
https://dotup.org will shut down at 2023/11/30 23:59(UTC+9)
1
Upvotes
dotup.org, a Japanese large uploader site that has been around for 17 years,it has announced that it will shut down on November 30
r/shutdown • u/wodadota • Oct 26 '22
ARGO.AI - Ford and VW backed Autonomous Driving Startup is shutting down
12
Upvotes
r/shutdown • u/cazer78 • Aug 10 '22
Haus' future is uncertain as its Funding falls through
6
Upvotes
r/shutdown • u/blaspheminCapn • Jul 09 '22
Butler shows hundreds of employees the door after raising $50M for room service delivery
9
Upvotes
r/shutdown • u/cazer78 • Jul 01 '22
Something is up with Modsy - I cant tell if this is a shutdown or just a shutdown or pivot
9
Upvotes
r/shutdown • u/Peacemaker_Sam • Sep 08 '21
The disastrous voyage of Satoshi, the world’s first cryptocurrency cruise ship
7
Upvotes
r/shutdown • u/crabycowman123 • Jun 30 '21
Spanish Vocabulary Game Wordplay Shutting Down
wordplay.com
9
Upvotes
r/shutdown • u/nicocerdeira • Jun 03 '21
Google Cemetery: Analyses of +100 failed Google products
18
Upvotes