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SingaporeSingapore
🤯 What Happened to Autobahn Rent A Car and Shariot: Singapore's S$371M Collapse
Jul 26, 2026

🤯 What Happened to Autobahn Rent A Car and Shariot: Singapore's S$371M Collapse

How Singapore's largest MPV rental group collapsed under S$371M debt, an insurer cancellation, and alleged forgery of vehicle receipts

Admond Lee
Admond Lee
SingaporeSingapore
🤯 Cathay Cineplexes: S$230M Buyout Killed Singapore's 90-Year Cinema Legacy
Jun 14, 2026

🤯 Cathay Cineplexes: S$230M Buyout Killed Singapore's 90-Year Cinema Legacy

How a S$230M leveraged buyout, COVID-19's revenue collapse, and unsustainable mall rents buried Singapore's 90-year cinema pioneer.

Admond Lee
Admond Lee
SingaporeSingapore
🤯 UCars: How 40 Car Dealers Buried Their Own S$5M Marketplace
May 24, 2026

🤯 UCars: How 40 Car Dealers Buried Their Own S$5M Marketplace

40 Singapore dealers built their own sgCarMart challenger, burned S$300K monthly for years, then sued each other into liquidation.

Admond Lee
Admond Lee
SingaporeSingapore
🤯 Cake Group: How a 50/50 Cap Table Killed a $1B Singapore Crypto Unicorn
May 03, 2026

🤯 Cake Group: How a 50/50 Cap Table Killed a $1B Singapore Crypto Unicorn

How a 50/50 cap table, the Terra/Luna crash, and a public co-founder feud collapsed Singapore's $1B DeFi unicorn from 1M users to a fire sale

Admond Lee
Admond Lee
SingaporeSingapore
🤯 Hooters Singapore Shut Down After 70% Staff Shortage
Apr 12, 2026

🤯 Hooters Singapore Shut Down After 70% Staff Shortage

How Singapore's 30-year franchise collapsed under COVID labor crisis, failed expansion attempts, and an outdated service model

Admond Lee
Admond Lee
SingaporeSingapore
🤯  What Killed Jekyll & Hyde? It Wasn't COVID.
Mar 22, 2026

🤯 What Killed Jekyll & Hyde? It Wasn't COVID.

A S$1.6M Singapore cocktail bar survived the pandemic — then collapsed from exponential costs, problematic staff, and an expansion that backfired.

Admond Lee
Admond Lee
SingaporeSingapore
🤯 Tokenize Xchange: S$266M Missing After MAS Rejection
Feb 08, 2026

🤯 Tokenize Xchange: S$266M Missing After MAS Rejection

How a fast-growing crypto exchange was left with less than 1% of customer funds

Admond Lee
Admond Lee
SingaporeSingapore
🤯 Learning Loop & an SF move that came a bit too late
Jan 18, 2026

🤯 Learning Loop & an SF move that came a bit too late

How staying outside the core San Francisco ecosystem created a fundraising deadlock that simply could not be bootstrapped.

Admond Lee
Admond Lee
SingaporeSingapore
🤯 CXA’s Rise and Fall: Why a $58M Asian Insurtech Startup Failed
Jan 11, 2026

🤯 CXA’s Rise and Fall: Why a $58M Asian Insurtech Startup Failed

How running two businesses quietly pushed CXA to shut down just before break-even

Admond Lee
Admond Lee
SingaporeSingapore
+1+1
🤯 The Fall of Zipmex: How a “Safe” Crypto Exchange Collapsed
Nov 30, 2025

🤯 The Fall of Zipmex: How a “Safe” Crypto Exchange Collapsed

Inside the $53M mistake, broken trust, and the hard lessons every founder should learn.

Admond Lee
Admond Lee
SingaporeSingapore
🤯 The Rise and Fall of Twelve Cupcakes: Singapore’s Sweetest Failure
Nov 09, 2025

🤯 The Rise and Fall of Twelve Cupcakes: Singapore’s Sweetest Failure

From celebrity founders to courtroom fines — how a cupcake craze turned into one of Singapore’s most shocking F&B collapses.

Admond Lee
Admond Lee
SingaporeSingapore
🤯 How Style Theory went broke trying to rent luxury
Oct 12, 2025

🤯 How Style Theory went broke trying to rent luxury

A $25M startup with SoftBank money, 200K users, and infinite hype — until reality hit. Inside the shocking downfall of Asia’s biggest fashion rental app.

Admond Lee
Admond Lee
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