Is it just me or are several more funded startups shutting down in 2016?
In reality there's a slight uptick in closures, but it's mostly business as usual. Incredibly stupid ideas are still getting funded by the hour.
What has changed is media coverage, skepticism, and average skill level of "users" and maybe the frequency with which things happen.
At least when I worked for them circa 2010 that was the case.
Hope all the smart folks I worked with there land safely.
Simply Hired, founded in 2004 and based in Sunnyvale, had raised just over
$34 million in funding from investors that include Dave McClure,
Foundation Capital, Guy Kawasaki, Fox, IDG Ventures and Ronald Conway.http://techcrunch.com/2006/04/18/simply-hired-takes-135m-fro...
[1] https://www.crunchbase.com/organization/simply-hired#/entity