Obviously, no one likes seeing startups fail. However, it's a very distinct, and very likely possibility for tech entrepreneurs, given the incredibly-competitive landscape and the negligible cost of entry. Learning how to fail gracefully is as important as learning how to succeed.
HN and the tech blogs don't cover startup closures frequently, unless it's the closure of a previously high-profile startup (i.e. Color, 1st iteration). Startups fail more frequently than that, and not for the reasons that may be obvious. (Read the comments on http://www.reddit.com/r/startups/comments/yggye/tell_me_about_your_failed_start_ups/ )
Would there be any interest in a blog that discusses why startups fail, and that also allows user submissions for their own personal perspective, akin to the Reddit thread comments?