Jack

Here's the business model. They take a fee to help that direct-to-consumer diaper business that was launched in college and didn't work out. So their software handles the regulatory process, the legal filings, the investor communications of dissolving a company. It's like a divorce lawyer or a funeral home. It's an undertaker that lets the business pass away with dignity.

Here's the business model. They take a fee to help that direct-to-consumer diaper business that was launched in college and didn't work out. So their software handles the regulatory process, the legal filings, the investor communications of dissolving a company. It's like a divorce lawyer or a funeral home. It's an undertaker that lets the business pass away with dignity.

Here's the business model. They take a fee to help that direct-to-consumer diaper business that was launched in college and didn't work out. So their software handles the regulatory process, the legal filings, the investor communications of dissolving a company. It's like a divorce lawyer or a funeral home. It's an undertaker that lets the business pass away with dignity.

Because, besties, you can't just bury that balance sheet. The assets must be given a proper distribution ceremony. And if you screw up the dissolving of a company... Lawsuit!

Because, besties, you can't just bury that balance sheet. The assets must be given a proper distribution ceremony. And if you screw up the dissolving of a company... Lawsuit!

Because, besties, you can't just bury that balance sheet. The assets must be given a proper distribution ceremony. And if you screw up the dissolving of a company... Lawsuit!

Besties, here's what Jack and I find fascinating. There's actually a bigger economic story here, isn't there, Jack? That story is that it's a tough time for startups out there. I mean, Jack, remember back in 2022, layoffs.fyi, the website? We would track the number of people who'd been laid off in the tech and startup industry.

Besties, here's what Jack and I find fascinating. There's actually a bigger economic story here, isn't there, Jack? That story is that it's a tough time for startups out there. I mean, Jack, remember back in 2022, layoffs.fyi, the website? We would track the number of people who'd been laid off in the tech and startup industry.

Besties, here's what Jack and I find fascinating. There's actually a bigger economic story here, isn't there, Jack? That story is that it's a tough time for startups out there. I mean, Jack, remember back in 2022, layoffs.fyi, the website? We would track the number of people who'd been laid off in the tech and startup industry.

Well, that was three years ago, and now we're still in year three of high interest rates. Money from venture capital is still very tight, so it's a tough time for startups. Get this, the number of Series A fundraisers is actually down 79% from 2022, according to Carta. So if your startup hasn't closed yet, it's probably taking a down round. It's a tough time for startups.

Well, that was three years ago, and now we're still in year three of high interest rates. Money from venture capital is still very tight, so it's a tough time for startups. Get this, the number of Series A fundraisers is actually down 79% from 2022, according to Carta. So if your startup hasn't closed yet, it's probably taking a down round. It's a tough time for startups.

Well, that was three years ago, and now we're still in year three of high interest rates. Money from venture capital is still very tight, so it's a tough time for startups. Get this, the number of Series A fundraisers is actually down 79% from 2022, according to Carta. So if your startup hasn't closed yet, it's probably taking a down round. It's a tough time for startups.

Which leads us to this story. We can actually see all of that in Simple Closures numbers. It's on pace to fold 1,500 startups this year, which is three times more than they did last year. Yeah, it is wild. But even inquiries to their website have jumped 25% in the last two months of the trade war. A lot of CEOs are curious about Simple Closures services.

Which leads us to this story. We can actually see all of that in Simple Closures numbers. It's on pace to fold 1,500 startups this year, which is three times more than they did last year. Yeah, it is wild. But even inquiries to their website have jumped 25% in the last two months of the trade war. A lot of CEOs are curious about Simple Closures services.

Which leads us to this story. We can actually see all of that in Simple Closures numbers. It's on pace to fold 1,500 startups this year, which is three times more than they did last year. Yeah, it is wild. But even inquiries to their website have jumped 25% in the last two months of the trade war. A lot of CEOs are curious about Simple Closures services.

And besties, if you are one of them, we feel for you. There is no stress like payroll stress. That would be awful to go through. So it turns out Simple Closure is part of a new industry. We actually found three other companies doing this. Yeah, we call it STAS, S-D-A-S, Shutting Down as a Service. And the most ironic part of it all? What is it, Jack?

And besties, if you are one of them, we feel for you. There is no stress like payroll stress. That would be awful to go through. So it turns out Simple Closure is part of a new industry. We actually found three other companies doing this. Yeah, we call it STAS, S-D-A-S, Shutting Down as a Service. And the most ironic part of it all? What is it, Jack?

And besties, if you are one of them, we feel for you. There is no stress like payroll stress. That would be awful to go through. So it turns out Simple Closure is part of a new industry. We actually found three other companies doing this. Yeah, we call it STAS, S-D-A-S, Shutting Down as a Service. And the most ironic part of it all? What is it, Jack?

Founder of Simple Closure, started Simple Closure. after their dating app startup failed and they wish they had helped shutting down that failed startup. Yeah, this guy started a startup shutdown app after his first startup shut down. So Jack, what's the takeaway for our tongue-twisting buddies over at Simple Closure? The perception divide is a business opportunity.

Founder of Simple Closure, started Simple Closure. after their dating app startup failed and they wish they had helped shutting down that failed startup. Yeah, this guy started a startup shutdown app after his first startup shut down. So Jack, what's the takeaway for our tongue-twisting buddies over at Simple Closure? The perception divide is a business opportunity.