// 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 |
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Key Events Timeline
FOUNDING
Random Array Ltd founded in the UK to build a niche marketplace connecting buyers and sellers.
FUNDING
Raised ~$249K in seed funding to develop and launch its marketplace platform.
PRODUCT LAUNCH
Launched marketplace platform but struggled to attract sufficient supply and demand simultaneously.
SHUTDOWN
Random Array Ltd shut down after failing to achieve marketplace liquidity and exhausting seed capital.