December 11, 2019

Fundercove is sunsetting.

Malachai @Fundercove

Closed for business as of December 11, 2019.
Welp. I've certainly learned a lot these past two years or so. I've yet to decide if I want to write up a proper post-mortem or not.
Here is a shortlist of what went wrong;

  1. Incorporated too early
  2. Ignored early red flags, too much optimism
  3. Entrenched incumbents too strong, wrong timing, young industry
  4. Early team bailed, needed a team
  5. Ran out of money, high cost of entry
  6. Slow pivot, too slow
  7. Burn out
  8. Wasted time fundraising without traction
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