// startup autopsy
Stiki Digital
A digital sticker that wouldn't stick
marketfitZombie Startup
Technically alive but effectively dead, burning cash · Fatal mistake: Raised only a single seed round in 2008, leaving the company unable to iterate through the 2008 financial crisis without additional capital.
Key Events Timeline
FOUNDING
Stiki Digital founded in USA as a digital SaaS product company.
FUNDING
Raised $325K in seed funding, its only external capital round.
REGULATORY ACTION
Global financial crisis severely contracted enterprise software budgets, stalling Stiki Digital's sales.
PIVOT
Attempted product pivot to survive but failed to find new market traction.
SHUTDOWN
Stiki Digital ceased operations after exhausting capital and failing to achieve product-market fit.