Make data-driven decisions to improve longevity

A services provider for discovering co-founders, getting feedback on ideas, finding service providers and getting funding.

Categories

Crowdfunding, Financial Services, Service Industry, B2B,

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Reasons for Shutdown

Lack of Focus

Tried to be too many things with limited resources

They were trying to do too much at once given their resources.
StartupSQUARE was trying to be a place to find co-founders and advisors for startups, a place to brainstorm ideas, and a place to ind the best resources for one's startup.
By trying to tackle them all at once, they bypassed their Minimum Viable Product by several orders of magnitude and in doing so, they did not focus on enough basic value to keep users coming back.

Poor Product-Market Fit

Not a large demand for brick and mortar SMB entrepreneurs

The founders had been engaged with tech entrepreneurs as an early adopter crowd.
However, the needs of the tech crowd were more focused to finding co-founders, which was not a large demand for brick and mortar SMB entrepreneurs.
SMBs represent a much larger market and a much better opportunity for monetization.

Direct Competitors and Similar Companies

Note: Direct competitors are defined by similarity score of more than 40%, while similar companies are defined by similarity score of less than 40%

No.	Image	Name	Similarity score	Description	Industry	Categories	Location	Ownership status	Entity type	Stage of development	Transactional model type	Defensibility moats	Last financing round	Total raised	Post-money valuation	Last financing date	No. of funding round(s)	No. of investors	Investors	Total revenue	Market capitalization	No. of investments	No. of acquisitions	No. of board seats taken	Competition	Management	No. of employees	Company reputation	Contact info	Operational status	Operational duration	Shutdown date	Founded date	Legal name	Former legal name(s)	Ticker
1.		Standout Jobs	52.2%	A recruiting portal aimed at facilitating relationship-building between mid-sized companies and job candidates.	Professional Services	B2B, Consulting, Employment, Recruiting, Human Resources	Canada	-	-	-	-	-	M&A	-	-	-	-	-	-	-	-	-	-	-	-	-	1-10	-	-	Inactive	-	-	2007	-	-	-

Investors

No.	Image	Name	Investor type	Description	Location	Preferred investment stage(s)	Stages invested in	Assets under management (AUM)	Investment range	Investment sweet spot	Preferred investment focus	Preferred investment geography	No. of investments	No. of lead investments	No. of follow-on investments	No. of co-investments	Portfolio companies	No. of exits	Total exit value	No. of failed investments	Loss on investments	No. of acquisitions	No. of board seats taken	No. of funds	Limited partners	Co-investors	No. of partners	Partners	No. of employees	Management	Board members	Founders	Investor reputation	Contact info	Entity type	Legal name	Former legal name(s)	Founded date	Ticker
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Leadership

No.	Image	Name	Previous designation	Previous company	Previous biography	Previous profile type	Previous location	Experience	Education	Reputation	Current company	Current designation	Current biography	Current profile type	Current location	No. of investments	No. of exits	Total exit value	No. of board seats taken	Contact info
1.		Tristan Kromer	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Funding

No.	Financing date	Financing round	Total amount raised	Post-money valuation	Financial viability	Fundraising target amount	Remaining target amount	Financing type	No. of investors	Board seats	Lead investors	Entity type	Financing status
-	-	-	-	-	-	-	-	-	-	-	-	-	-