// startup autopsy

Random Array Ltd

Building a marketplace on a shoestring — the liquidity problem won.

marketfitSilent Shutdown

Quiet closure with no public announcement · Fatal mistake: Attempted to build a two-sided marketplace with less than $250K, making it impossible to reach the liquidity threshold needed for sustainability.

Founded	2014
Closed	2016
Country	UK
Sector	Marketplace

50%

Key Events Timeline

2014-01

FOUNDING

Random Array Ltd founded in the UK to build a niche marketplace connecting buyers and sellers.

2014-06

FUNDING

Raised ~$249K in seed funding to develop and launch its marketplace platform.

2015-03

PRODUCT LAUNCH

Launched marketplace platform but struggled to attract sufficient supply and demand simultaneously.

2016-06

SHUTDOWN

Random Array Ltd shut down after failing to achieve marketplace liquidity and exhausting seed capital.

Full Analysis

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Documented cause

Random Array Ltd, operating as 'The Random Marketplace Limited,' was a UK-based marketplace startup that failed to achieve sustainable operations. The company was dissolved via voluntary strike-off on 16 May 20...

23, following a first gazette notice filed on 28 February 2023. According to available evidence, the startup raised minimal seed capital (under $250K) and encountered the classic marketplace chicken-a

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€0.6M

Peak valuation

HypeCycle · MoatType · ResearchTags

Random Array Ltd raised €0.248997M before attempted to build a two-sided marketplace with less than $250k, making it impossible to reach the liquidity threshold needed for sustainability. ended it. See the documented cause, verified lesson and all failure signals.

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