TripHub, a Seattle-based group oriented travel site, has closed its doors. We described it as a good way to help compile and centralize information for a group trip, but questioned if it was viable as a standalone business, especially against other players in the travel space like Yahoo Travel.

Yep.  That’s about 99% of the projects we’ve seen funded over the past 4 years… expect more of these deadpool-style announcements on Tech Crunch in the months to come.  It’s a shame, because most of the entrepreneurs behind these ventures are smart, but they were misled by the fickle moneymen who fell in love with trends (and hype).

Lesson #1 of building a successful company:

Build something You (the entrepreneur) can reasonably connect to a paying client.  Investors are way too fickle and emotional to really rely on… which is ironic because the stereotype of being emotional is usually cast on entrepreneurs, which is total BS.