“Juicero is dead.”
That’s the headline that ran in September when Juicero, which made cold-press juice machines that sold for several hundred dollars apiece, went under. The four-year-old company had previously generated a valuation of $459 million and raised $121 million in VC funding from Silicon Valley heavyweights like Kleiner Perkins Caufield & Byers and GV.
While Juicero's death was well-documented—its demise generated several memes, hundreds of tweets and a handful of think pieces—it's certainly not the only VC-backed company to cease operations in 2017. All in all, VCs invested more than $1 billion in startups that have shut down so far this year.
Many value investors have given up on their strategy over the last 15 years amid concerns that value investing no longer worked. However, some made small adjustments to their strategy but remained value investors to the core. Now all of the value investors who held fast to their investment philosophy are being rewarded as value Read More
Here's an interactive look at some of 2017's notable startup failures. The graphic was created using data sourced from the PitchBook Platform.
Article by Kate Clark, PitchBook