| Founded | 2012 |
|---|---|
| Closed | 2022 |
| Country | USA |
| Sector | Ecommerce |
| Collapse type | Fire Sale |
| Founder | Steve El-Hage |
Drop (Massdrop)
"Abandoned the group-buying mechanic that made it special — became just another e-commerce site."
Distressed acquisition below last-round valuation
Key Events Timeline
Massdrop, rebranded as Drop in 2019, raised $86M to build a community group-buying platform for audiophiles and hobbyists.
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