“Sometimes trailblazers don’t make it all the way to the mountain top.'
“After making great strides on our mission of making buying and selling frictionless for everyone, we have made the difficult decision to close our doors,” Domm Holland, the company’s CEO and co-founder, wrote in a statement.
The company, despite having raised about $124 million in two rounds of early-stage funding with the aid of the wildly successful fintech company Stripe,, seemed to be struggling, according to recent reports. The Information reported last week that the company, once valued at nearly $600 million according to NPR, had only generated $600,000 in revenue — and was looking for a buyer after an unsuccessful fundraising round.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
MetroBike Gears Up for Revamp After Major OutageAustin’s bike share program shut down completely during SXSW.
Read more »
Germany seizes the world's largest, longest-serving dark web market | EngadgetGerman police have shut down Hydra, the world's oldest and largest dark web marketplace..
Read more »
Seattle Police use-of-force allegations dropped since 2020, OPA report findsAllegations of an overuse of force by Seattle Police were down 61% in 2021 compared to 2020—a major takeaway from the Office of Police Accountability’s Annual Report, released on Tuesday. FOX13
Read more »
Who is the richest person in the world? Jeff Bezos no longer has the top spotTesla and SpaceX CEO Elon Musk has overtaken Amazon founder Jeff Bezos as the richest person in the world. - Musk's est. net worth: $219 billion (not including his recent 9.2% equity stake in $TWTR) - Bezos' est. net worth: $171 billion
Read more »
Germany Shuts Down Hydra Market, Seizes Servers and Bitcoin – Bitcoin NewsLaw enforcement agencies in Germany have targeted Hydra, a leading darknet market, seizing its servers in the country.
Read more »
Germany shuts down servers for Russian darknet marketplace HydraAuthorities seized millions in Bitcoin from the illegal marketplace.
Read more »