| Founded | 2012 |
|---|---|
| Closed | 2020 |
| Country | USA |
| Sector | Beauty |
| Collapse type | Mass Layoff Spiral |
Memebox
"Korean beauty subscription box that raised 60 million dollars from Sequoia and pivoted to private label brands but ended up with neither a working subscription nor successful brands."
Cascading layoffs that accelerated the decline
Key Events Timeline
Memebox raised $60M from Sequoia and others to bring Korean beauty products to US consumers via subscription boxes.
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