“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.
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