Startups That Failed In 2011
By siliconindia
Foodme
The site Foodme was launched in 2010 for brokering deals between dinners and restaurants. It was backed by IdeaLab. The company planned to expand to other areas from Pasadena, but shut its operations in June 2011. It was among many other sites that functioned like Groupon, but could not sustain the competition. The company shut its operations this year.