While, we might see a rise in a number of startups every day. There is an equal number of them shutting down on a daily basis. We heard about Lady Gaga’s startup Backplane crashing and now Uber for kids startup “Shuddle” has shut down. The list of start-ups who have laid people off or shut down in recent months is really long. While, startups are facing a lot of issues, one major problem on the rise is funding. Shuddle was failing to raise more venture capital and hence announced plans to shut on Thursday.
