Our human-in-the-loop and automated systems monitor, gather, and clean the unstructured business failure data from the Internet.
Failure stories and postmortem reports are not commonly shared by founders. When they do, the unstructured data are all over the place on the Internet.
Flipidea’s database is a collection of various insightful data points such as postmortem reports (reasons for shutdown), bankruptcy reports, failed investments, company information, financial data, and more.
Our research showed that a majority of the reasons for shutdown are technical shortcomings which could be avoided through experiential learning, coaching, and mentoring.