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NEXT Update #77 - Cocoon is shutting down

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This week was a sad week for us. Our first investment Cocoon is shutting down. For the last months we
 

NEXT Amsterdam

October 7 · Issue #77 · View online
3 long-reads about startups and entrepreneurship in your inbox every Saturday morning. Plus a free update on what's happening at NEXT. NEXT Amsterdam is a startup studio from Amsterdam.

This week was a sad week for us. Our first investment Cocoon is shutting down. For the last months we’ve been working together with the founders to try and find a new home, but we didn’t succeed. Cocoon was doing very well on the job seeker side (definitely product/market fit there), but couldn’t retain the paying companies long enough to make it viable. They wrote a lengthy post why, which you can read on the bottom of this newsletter.
- Esther and Timan

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From NEXT
Cocoon is shutting down Cocoon is shutting down
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