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I have accidentially stepped into this answer, but clicking the link inside it makes me hit the wall.
What happened to OnStartups (and when)?
There's a similar question on what happened to meta.onstartup.com, but it does not explain, what happend to the main site and it seems to be asked during normal site operation, about some temporal problem.
It was closed a while back due to lack of regular users. However, a new startups site has since been created and has been in beta for, as of the time of posting this answer, 295 days, which you can find at https://startups.stackexchange.com/.
It was closed down over a year ago, on December 11, 2013. According to an answer on Area 51 Discussion the site was revived externally on a new domain. There's also an answer below that explaining why it was closed down in the first place.
