Research

YC Graveyard vs Bootstrapped Survivors

These companies raised $719M+ combined and all failed. Their bootstrapped competitors are still growing.

Failed (YC/VC-backed)Survived (Bootstrapped/Lean)

Online Calendars

Kiko

YC S05
~$70K (YC)

Online calendar tool from YC's very first batch

Sold on eBay for $258K in 2006

Calendly

Scheduling automation platform

Bootstrapped for 8 years

$3B valuation, $250M+ annual revenue

Startup Data

Mattermark

YC S12
$17.3M

Startup data and analytics platform

Sold for under $1M in 2017

Crunchbase

Startup and company data platform

Spun out from TechCrunch, lean growth

Dominant startup data platform, thriving

Home Cleaning

Homejoy

YC S12
$40M

On-demand home cleaning marketplace

Shut down July 2015

Local cleaning businesses

Traditional cleaning companies with online booking

Self-funded, profitable from day one

Continued operating profitably

Legal Tech

Atrium

YC W18
$75.5M

Legal services for startups, founded by Justin Kan

Shut down March 2020

Clio

Legal practice management platform

Bootstrapped early stages

$1B+ valuation, dominant legal tech platform

Tutoring Marketplace

Tutorspree

YC W11
$1.8M

Online tutoring marketplace

Shut down 2013

Wyzant

Tutoring marketplace connecting students with tutors

Bootstrapped

$100M+ gross sales, acquired Tutorspree's assets

Enterprise Drones

Airware

YC batch
$118M

Enterprise drone operating system and analytics

Shut down September 2018. a16z, GV, and Kleiner lost everything.

DJI

Consumer and enterprise drone manufacturer

Bootstrapped from $3K in a college dorm room

70% global drone market share, $15B+ valuation

Microbiome Testing

uBiome

YC W14
$109.9M

Microbiome sequencing and testing startup

FBI raided offices, founders indicted for fraud

Standard diagnostic labs

Established clinical diagnostic laboratories

Profitable operations

Continued operating normally while uBiome collapsed

Design Tools

InVision

$356M

Design collaboration and prototyping platform

Valued at $2B, shut down end of 2024

Figma

Collaborative interface design tool

Raised $333M but executed decisively

IPO'd July 2025, category winner