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February 10, 2009 2:43 PM
Downturn hits Seattle Startup list, 25 companies gone (UPDATED)
Posted by Brier Dudley
Seattle Web entrepreneur Marcelo Calbucci, who produces a monthly rank of local startups, added a new tool that gauges whether companies are defunct.
The result: 25 companies disappeared from this month's list, which he released today.
The ventures shut down, failed to launch, restructured or were sold. Some of the closures were publicized earlier and some date to last year, but it's still a striking list.
Calbucci also noted that fewer new Web startups are appearing. The list used to be growing by six to 10 companies a month, but this month added just four.
Zillow continues to top the list, followed by Pet Holdings, iLike, Picnik and BuddyTV.
Here's Calbucci's tally of startups that faded from the list:
(From his Seattle 2.0 blog:)
Startups (or products) that shutdown:
MergeLab: Mobile consumer service startup. Shutdown in June/2008.
SnapTune: Online radio service. Shutdown in May/2008
VerticalPanel: Product by Survey Analytics (shutdown or renamed)
Zeebits: Online marketplace for technology (shutdown)
Zeenami: Help people find programs to quit smoking, lose weight or improve careers (shutdown)
YouSport: Social network for amateur sports (shutdown). (Different than YourSport.com, which continues.) (SEE UPDATE BELOW)
Digital Railroad: E-commerce, distribution and licensing services to professional photographers (shutdown)
Property Cricket: Lead generation for vacation rental (shutdown)
ClayValet (Sane Shopping): Shopping assistance
Financial Joe: Financial advisors rating services (shutdown)
GoChongo: Entertainment service for producers to locate performers to create video, music, etc. (shutdown)
IzzyMe: Classified and Social Network (shutdown)
Transmutable: Shared payment and identity service (shutdown)
Trendi: Social shopping service for young women (shutdown)
Down2night: SMS entertainment service (Shutdown)
Listen To Your Wife: Unknown.
Startups that never launched:
Joingle: Never launched
PageForest: Never launched.
SymCell: Never launched [UPDATE: SymCell is still in operation, but have not launched yet]
Entering Startup: Never launched.
Frigy: Never launched
Human Proxy: Never launched
Renamed or acquired:
NimbleBee: Renamed TalentSpring
3Guppies: Acquired Myxer.
Mineboxx: Renamed to Gist.
CoolToors: Renamed TourVista.
Fremont Forward: Renamed AudioFuse.
SmartDesktop: Acquired by EMC.
UPDATE: YouSport Chief Executive Ahmed Bortokaly called to say his company is still operating. It's undergoing a redesign and looking for funding, but continues to run from his basement and had 4,000 visitors last month, he said.
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UPDATE - 1:02 PM
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