No, Axl still uses the band name Guns n Roses, therefore the band is still in existence even though the other original members all left.

1985

I'm not sure about all the band members, but Slash uses a Gibson.

Guns n' Roses was formed in 1986 by former band members of Hollywood Rose and L.A Guns.

although Angela thought it was in the 80's, they really started in 1979

At their original formation, Axl Rose was the band's vocalist, Izzy Stradlin was the band's rythm guitarist, Tracii Guns was the band's lead guitarist, Ole Beich was the band's bassist, and Rob Gardner was the band's drummer.