Definitely. What defines "failed" depends on the person.
I've been working on mine for some time as well. Considered it "failed" after cofounder issues led to nothing getting done (no product/MVP). Ex-cofounders just enjoyed talking about building something, and had unrealistic expectations of startups (e.g. $160k+ salary, $8 mil seed rounds, etc).
I've come to believe it's a "failed" venture once I reach a point where I've exhausted all of my ability and options. I haven't reached that point because I can just learn to code to build it. I was relying too much on finding technical cofounders because I didn't consider myself technical at the time.
Quite frankly, we were wantrepreneurs. Coming to terms with myself over that really helped in moving forward.
I've been building ever since and have someone willing to pay once it's done. Best thing is - I've realized that I enjoy building :).
I've come to believe it's a "failed" venture once I reach a point where I've exhausted all of my ability and options. I haven't reached that point because I can just learn to code to build it. I was relying too much on finding technical cofounders because I didn't consider myself technical at the time.
Quite frankly, we were wantrepreneurs. Coming to terms with myself over that really helped in moving forward.
I've been building ever since and have someone willing to pay once it's done. Best thing is - I've realized that I enjoy building :).