image thumb110 Tipjoy takes dive into the grave, shuts down

After letting its users learn and get tips from their fans, Tipjoy was unsuccessful at finding the right tip to keep itself breathing. The startup announced earlier that it wont be in service any longer and that users who have any balance due on Tipjoy can cash out. The site wasn’t an all out failure and did make progress but I guess that progress alone wasn’t enough to encourage it founders to push it further. It’s always sad to report a demise of any service on the Web, but this one as well has to book a grave in Web-etery (cemetery).