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Why VCs are investing in startups that help other startups shut down

And with an estimated 90% startup failure rate, there's no shortage of potential customers for startups helping other startups shutter.

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SoftBank s Onetime Pizza-Robot Darling Shuts Down

Zume, which raised $375 million from SoftBank to manufacture pizza-making robots before switching to developing sustainable packaging, has shut down. The…

Martin pichinsonSherwood partnersSherwood partnerReaking news

Sources: Zume, which used robots to automate pizza-making, shuts down and is undergoing liquidation; the startup raised $375M from SoftBank and $445M in total

Zume, which raised $375 million from SoftBank to automate pizza-making with robots before switching to developing sustainable packaging, has shut down. The…

Martin pichinsonSherwood partnersSherwood partnersReaking news

The busy furniture hustlers of Silicon Valley

There are professional liquidators, Craigslist flippers and startups spouting buzzwords like “circular economy”

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The Furniture Hustlers of Silicon Valley

As tech companies cut costs and move to remote work, their left-behind office furniture has become part of a booming trade.

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