Now Is the Summer of Our Discontent

Hi all, it's Eric. Won't someone buy Soundcloud or Teespring and save them further embarrassment? What's to become of their beleaguered investors?

Help them so they won’t have to liquidate assets! Jawbone, the hardware company, is reportedly doing just that. After Jawbone failed to find a buyer, the company is starting anew. CEO Hosain Rahman will run a familiarly named company called Jawbone (surprise!) Health Hub. Most of Jawbone's investors —which include Andreessen Horowitz, Sequoia Capital, and Khosla Ventures— will be washed out, The Information reports.