Because understanding past failure is vital for avoiding future mistakes, we have identified and selected the startup failures of 2018 your company should learn from. A list of 10 companies washouts from all industries and markets, from healthcare frauds to seedy hospitality service clones to retail wallops.
Most examples come from the USA, and it makes sense since it’s the country where more startups are born every year.
Surprisingly enough, it was hard to find Chinese flops’ examples. Not because there are none, but more likely because examples of Chinese failure (of any kind) don’t tend to be aired.
In this selection of flameouts, we have sorted them chronologically, from the earliest closing announcement in January (Primary Data) to those who waited until the last day of the year to shut down the business (Wimdu).
Surprisingly enough, it was hard to find Chinese flops’ examples. Not because there are none, but more likely because examples of Chinese failure (of any kind) don’t tend to be aired.
In this selection of flameouts, we have sorted them chronologically, from the earliest closing announcement in January (Primary Data) to those who waited until the last day of the year to shut down the business (Wimdu).