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