After a few high-profile startup busts, like house cleaning service Homejoy and online retailer Fab, many investors in the US are wondering if they’re not going to see more crashes.
AT the end of July, Homejoy, a startup company that used the Web to offer house cleaning, hung up its mops, leaving customers in the lurch and Google Ventures and other top-tier private equity backers out the more than US$35mil they had sunk into the company.
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