It’s a good thing Lady Gaga didn’t quit her day job.
The celeb’s startup for building online communities, Backplane, has burned through $18.9 million in funding in five years and is now out of business, TechCrunch reports.
The startup fetched an original $40 million valuation back in 2011, Vanity Fair reports.
But the Fame Monster’s bubble has since burst.
Lady Gaga poured $1 million of her own cash into the launch.