The costliest startup failure of all time was Quibi Holdings, which was shut down a mere six months after launching its online streaming service. Its total disclosed funding was 1.75 billion U.S. dollars. The second costliest startup failure of all time was the Hong Kong sports streaming arm of Chinese conglomerate LeEco, LeSports. Its total disclosed funding was 1.7 billion U.S. dollars. It was shut down due to overdue rent and 30 subscription-related complaints against the company, amid other problems.
The most expensive startup failures worldwide, by the amount of funding
(in million U.S. dollars)
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CB Insights. (August 29, 2023). The most expensive startup failures worldwide, by the amount of funding (in million U.S. dollars) [Graph]. In Statista. Retrieved November 09, 2024, from https://www.statista.com/statistics/1169388/the-most-expensive-startup-failures-by-amount-of-funding/
CB Insights. "The most expensive startup failures worldwide, by the amount of funding (in million U.S. dollars)." Chart. August 29, 2023. Statista. Accessed November 09, 2024. https://www.statista.com/statistics/1169388/the-most-expensive-startup-failures-by-amount-of-funding/
CB Insights. (2023). The most expensive startup failures worldwide, by the amount of funding (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 09, 2024. https://www.statista.com/statistics/1169388/the-most-expensive-startup-failures-by-amount-of-funding/
CB Insights. "The Most Expensive Startup Failures Worldwide, by The Amount of Funding (in Million U.S. Dollars)." Statista, Statista Inc., 29 Aug 2023, https://www.statista.com/statistics/1169388/the-most-expensive-startup-failures-by-amount-of-funding/
CB Insights, The most expensive startup failures worldwide, by the amount of funding (in million U.S. dollars) Statista, https://www.statista.com/statistics/1169388/the-most-expensive-startup-failures-by-amount-of-funding/ (last visited November 09, 2024)
The most expensive startup failures worldwide, by the amount of funding (in million U.S. dollars) [Graph], CB Insights, August 29, 2023. [Online]. Available: https://www.statista.com/statistics/1169388/the-most-expensive-startup-failures-by-amount-of-funding/
