I really don't think this is at all a fair or even correct statement. For one (and this should be obvious), FuckedCompany didn't report on emerging startups, just ones that were failing. Another thing is (and I feel this is pretty obvious too), I'm not surprised to see more posts about companies in trouble than ones succeeding in the first place (most companies don't succeed), and in an economic downturn this is even less surprising. What would be surprising to me would be to not hear about companies failing after having had years of reporting of emerging new startups.