Somewhat timely. I just announced the death of my first SaaS project to the users (<a href="https://www.pingbrigade.com" rel="nofollow">https://www.pingbrigade.com</a>): a web site/server uptime monitoring system. What kept me going is that people kept signing up for the free accounts, but either the free offer was too good, or the paid offer didn't offer enough of an incentive to switch. Eventually, the minuscule costs of running the service started adding up to a number I could no longer ignore and I don't have time to do the marketing to acquire paid users. Logically it all makes sense, but it is hard to separate yourself from your failed project.
This is hilarious and awesome! Its always uplifting to see people turn something bad (or in startup world "educational") into something fun and humble. Respect.
Awesome idea, I wish this was closer so I could go. Learning from people who failed with their startups is as important as learning from those who succeeded. Usually the successful entrepreneurs have a lot of failures behind them, but in speeches often concentrate on what they did right, not on what failed. It'd very interesting and educational to speak to the entrepreneurs in a gathering like this.