According to search results, clients have been complaining about this since early 2000 and late 2001. I am sure others will provide information but from my experience most successful companies are either still in business or have been acquired by larger entities.
█ █ LevelHosting Inc. - Unlimited Web Hosting at your level
█ █ cPanel, CloudLinux, LiteSpeed, RVSiteBuilder Pro, Softaculous and 24/7 Support
█ █ Meeting the demands of high traffic web sites at an affordable price!
Inc500 is a terrible metric for success though. They simply look at your revenue gains, which can be easily skewed. I've worked for a business that was in the top 100 before, that failed just a few years later.
Hivelocity is definitely still in business and we are thriving. 2010 was our best year on record and May 2011 was our best new sales month on record. As a matter of fact we just opened a brand new data center earlier this year.
Can't believe I kept thinking HostVelocity, Yes, I meant hivelocity, guess that is why the site was down totally different company . Hivelocity appears to still be up too now that I have the name right.