At the beginning of the year, just as many start-ups who survived 20 19 were ready to make great efforts, a sudden epidemic disrupted the whole plan. Then, in February and March, some cash-strapped startups closed down, including many established startups and some new economic startups.
On February 6th, Liange IT Education, which was listed on the New Third Board and started by 13, was affected by the epidemic and its cash flow was broken, which led to its closure. On February 29 th, Baixing Tourism, which was listed on the New Third Board and started business for nearly 20 years, followed closely, and also went bankrupt and liquidated because of the broken cash flow; On March 13, my music apartment, one of the representatives of long-term rental apartments that have gradually emerged in recent years, was struck by lightning and its cash flow was cut off. The actual controller is suspected to have lost contact and the office is empty.
Although, with the epidemic under control in the second quarter, production and work resumed in an all-round way, the secondary and tertiary industries that suffered the most were gradually restored, and the whole country was prosperous. But at this time, capital is becoming more and more cautious. Without the blessing of capital, industries that burn a lot of money began to erupt one after another, especially new energy vehicles and long-term rental apartments.
According to the statistics of time data startup database, as of February 27th, 65,438,932 startups have closed down this year. Among them, the largest number of companies closed down in April, reaching 2 14, accounting for 22.96%; Followed by 1 and March, closing at 195 and 17 1 respectively. In addition, 88 1 startup companies closed down in the first half of this year, accounting for 94.53% of the whole year.
The following list of 932 failed companies is like the epitaph of 932 companies, and the dream of making wealth of more than 900 entrepreneurs is buried behind it.
It is worth noting that there are only 3 126 new startups this year, less than half of last year, and the proportion of failed startups has reached 29.8 1%. In contrast, 7 10 startups closed down last year, accounting for only 10.6% of new companies last year.
Beijing has the most failed companies.
From the perspective of the region where the company is located, the region where the three startups gather in Beishangguang is also the region where the number of startups closes down the most. Among them, Beijing closed the largest number of startups, reaching 3 16, accounting for 33.9438+0%; Followed by Guangdong, 194 startups closed down, accounting for 20.82%; Shanghai closed 100, ranking third.
Financial companies fell the most.
From the perspective of the industry to which the company belongs, the financial companies have closed down the most.166; Followed by the enterprise service company, 1 18 closed; The third is the e-commerce company,108; Education and training companies ranked fourth, closing 76 companies. Last year, four startup companies, namely finance, e-commerce, local life and corporate services, closed down. In contrast, the number of closures of education and training companies has increased significantly this year.
In recent years, with the rise of Internet finance, financial start-ups have mushroomed. However, with the increasing efforts of regulators to rectify the financial industry, a large number of non-compliant financial companies were forced to close down. Up to now, all P2P platforms have disappeared, except for forced closure and benign exit, the rest have been transformed into compliant small loan companies.
Investment and wealth management companies are the most closed financial companies this year, reaching 53, including various investment platforms such as stock allocation platforms and futures allocation platforms. This also shows that regulators have strengthened the rectification of such financial companies.
The main form of withdrawal is cancellation of business license.
From the exit form of startup companies, 843 companies have completed the cancellation of business licenses. Secondly, 40 companies have their business licenses revoked. Another 22 companies announced that they would stop operating, although they did not cancel their business licenses. In addition, in February of this year, Time Data was surprised to find that bike-sharing, the big brother who once enjoyed the bicycle industry exclusively, turned into a "rebate network", and users needed to shop first if they wanted to withdraw their own deposits; At the same time, as the executor of the case, Dongxia Datong, the operating entity of ofo bike-sharing, has no assets for the court to enforce.
Industry competition and burning money are the main reasons for the collapse of startups.
Judging from the reasons for the company's entrepreneurial failure this year, industry competition, burning money, insufficient financing ability, policy supervision and legal and regulatory risks are the five major reasons for entrepreneurial failure. In addition, among the main causes of failure, only nine companies are related to the epidemic. This also means that the impact of the epidemic is not the biggest reason for the collapse of startups this year.
74% of startups are not favored by investors.
The capital problem has always been the primary problem that puzzles startup companies. Especially for start-ups that have not yet "hematopoietic" ability, without high-quality financing channels, enterprises will not have good cash flow, and they will not be able to win in normal industry competition. According to the time data startup database, among the startups that closed down this year, there were 693 uninvested startups, accounting for 74.36% of all the closed companies. This figure is much higher than last year's 55%.
In addition, many companies only entered the angel round financing stage, reaching 1 1, accounting for only 1 1.8%. Since then, 43 startups have entered the A round of financing; Twenty-two startups received seed round financing. However, few companies have entered the A round and above. Among them, eight companies were acquired because of their good development prospects, but they still could not survive in the severe industry competition.
This also shows that these entrepreneurial projects themselves do not have a clear business model, and it is difficult to continue to gain the favor of capital. On the other hand, it also proves that the current market environment is not very good. Many star companies that were originally favored by the investment community closed down this year because of increasingly fierce industry competition and insufficient financing capacity.
Judging from the amount of financing, among the startup companies closed this year, Anbang Insurance in the financial industry has the most financing, with the financing amount reaching 60.804 billion yuan; This was followed by ofo bike-sharing and Baiteng Automobile, which raised about 65.438+0.68 billion yuan and 8.4 billion yuan respectively. In addition, Changjiang Automobile, Sarin Lindsay Automobile, Bojun Automobile and Zotye New Energy Automobile ranked among the top 15 with financing amounts of 565.438 billion yuan, 4 billion yuan, 2.8 billion yuan and 780 million yuan respectively. The new car-making forces contracted a third of 15 before burning money.
Among them, the highest valuation is Shanghai Xinfeifan, an e-commerce platform owned by Wanda. Although it only experienced the A round of financing, the valuation with powerful shareholders such as Wanda, Baidu and Tencent once reached 20 billion yuan. Since then, ofo bike-sharing has participated in the E++ round, and its valuation once reached 65.438+0.95 billion yuan. Then, the three new car-making forces, Baiteng Automobile, Saline Lindsay Automobile and Bojun Automobile, ranked third to third with the valuations of 65.438+0.5 billion yuan, 654.38+0.65438+0.65438+0.65438+0.65438 billion yuan and 65.438+0.00 billion yuan respectively.
Today, these valuations no longer exist. After the capital feast, it is still a chicken feather.