Which startups in Raymond Tonsing's portfolio are documented in UnicornBurn?

Raymond Tonsing has 11 portfolio companies documented in UnicornBurn, including Opendoor, Hipmunk, Opendoor (2021 peak).

What is the most common failure cause in Raymond Tonsing's documented portfolio?

The most frequent failure cause is "competition", recorded in 6 of 11 documented cases.

¿En qué startups del dataset de UnicornBurn aparece Raymond Tonsing?

Raymond Tonsing tiene 11 empresas documentadas en UnicornBurn, incluyendo Opendoor, Hipmunk, Opendoor (2021 peak).

¿Cuál es la causa de fracaso más frecuente en las empresas del portfolio de Raymond Tonsing?

La causa más frecuente es "competition", registrada en 6 de 11 casos documentados.

Raymond Tonsing — portfolio autopsies

Raymond Tonsing has 11 portfolio companies documented in the UnicornBurn autopsy dataset with verified collapse causes and timelines. Most frequent failure cause: "competition".

documented

Venture Capital

type

Unknown

country

Seed · Undisclosed · Pre-Seed

stages

// dominant patterns

Top failure cause

competition

6/11 cases

Collapse pattern

Fire Sale

Top sector

ecommerce

// 11 documented companies

Opendoor

✓ Verified

proptechUSA

iBuyer pioneer that went public at $18B via SPAC and saw its stock fall 97% as rate hikes destroyed the model.

Mass Layoff Spiral

Hipmunk

✓ Verified

travelUSA

Hipmunk built a better flight search and was acquired by Concur — then SAP decided a beloved flight search app was not part of its enterprise travel platform strategy

Silent Shutdown

Opendoor (2021 peak)

✓ Verified

proptechUSA

The iBuying startup that held $10B in homes when mortgage rates doubled

Slow Death

Unbabel

✓ Verified

aiPortugal

The AI+human translation startup that GPT-4 rendered obsolete

Fire Sale

Wish (ContextLogic)

✓ Verified

ecommerceUSA2024

Amazon for the price-sensitive: $1 items shipped free, no questions asked

Fire Sale

Wish

✓ Verified

ecommerceUSA2024

Discount marketplace IPO'd at $14B then sold for $173M three years later

Slow Death

Opendoor (2022 crisis)

✓ Verified

proptechUSA2022

iBuying pioneer. Fed rate rises doubled mortgage rates. Opendoor lost $1B in a quarter.

Silent Shutdown

Gumroad

✓ Verified

ecommerceUSA2021

Laid off everyone in 2019, rebuilt alone, then couldn't raise the $20M it needed to win.

Zombie Startup

Optimizely

✓ Verified

saasUSA2017

A/B testing pioneer sold for a fraction of its valuation after free tools ate the market

Fire Sale

Exec (by Handy)

✓ Verified

marketplaceUSA2015

Justin Kan's errand app sold for $10M then killed—proof that on-demand everything doesn't pencil out.

Fire Sale

Exec

✓ Verified

ecommerceUSA2014

Justin Kan's Y Combinator errand startup — outpaced by TaskRabbit before reaching critical mass.

Acqui-hire

// faq

Which startups in Raymond Tonsing's portfolio are documented in UnicornBurn?: Raymond Tonsing has 11 portfolio companies documented in UnicornBurn, including Opendoor, Hipmunk, Opendoor (2021 peak).
What is the most common failure cause in Raymond Tonsing's documented portfolio?: The most frequent failure cause is "competition", recorded in 6 of 11 documented cases.
What collapse pattern dominates Raymond Tonsing's documented failures?: The predominant collapse pattern is "Fire Sale". UnicornBurn documents 9 distinct collapse styles based on sequence and speed of failure.

// for funds & analysts

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// all investors

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