Biggest Costliest Startup Failures Of All Time

CBINSIGHTS running list of “the biggest, costliest startup failures of all time.”

Bias lending, bias investment decisions and the mountains of cash that followed couldn’t save these failed companies from themselves; the vast credentials of undergraduate degrees and advanced degrees couldn’t save these companies from themselves; so-called superior business planning couldn’t save these companies from themselves; adept boards of directors and advisors couldn’t save these companies from themselves, as well as any proverbial lack of diversity in senior leadership and executive ranks couldn’t save these companies from themselves; extensive individual experiences and competencies couldn’t save these companies from themselves; optimism and positive thinking couldn’t save them either; complacency couldn’t save these companies from themselves; nor could any passion, arrogance, SEX sells strategies, empathy or timing these companies were erected could save them from themselves; and finally, nor could a seemingly great idea save these companies from themselves.

So what could have saved “the biggest and costliest startup failures of all time” from themselves? Who knows – aside from what we already know that didn’t work for these RIP entities, perhaps lots of prayer and a little luck may have changed some of all their ill-fates.