Edit: Uber is including the car on both ends, so that's an advantage. And their luggage allowance is 50 lbs vs. Blade's 25, so that's nice too.
It might have made the owner lots of cash and they just stopped.
Its the people not making money that imagine their one single idea in life is going to strike it big and they'll get married to it.
The rest of us just make money, with the comfort that we now have enough money, or can make more with one of our monthly ideas, or can attract capital due to prior success or having made a profit for shareholders in the prior venture.
Furthermore, attaining some modest success does not tend to make business owners indifferent to the prospect of having a bit more success. Letting the business wither and die while one takes pills on Party Island is not the way it goes.
You go and do something more fulfilling, sometimes more profitable.
Even if that means just buying a bunch of treasury bonds on your nest egg of 30 million and going off on Party Island.
"""U.S. Helicopter Corporation (the "Company") has put substantially all of its operations and business activities on hold as of September 25, 2009 due to the Company's inability to obtain the financing necessary to continue to operate its business."""
https://www.sec.gov/Archives/edgar/data/1309140/000090901209...
Anyway, why was a helicopter company publicly traded last decade? Thats funny, too bad they needed to rollover debt during a period of time when financing had dried up for everyone in 2009.
Is a public company from 2009 the only data? I thought the whole premise of this subthread was that there were companies always filling the void.