e.ventures — portfolio autopsies

The UK same-day delivery pioneer acquired by eBay and quietly shut down after three years

Berlin online luxury art auction platform raised €100M and went bankrupt amid shill bidding scandal

The Portuguese luxury fashion marketplace that IPO-ed at $6 billion and filed for bankruptcy in 2023 after never finding a path to profitability despite raising over $1 billion

London luxury fashion marketplace that reached a $20B valuation and raised $1.7B before Coupang rescued it for $500M — a 97.5% value destruction.

European digital remittance challenger that raised $100M+ then sold to Papaya Global at distress in 2022.

Hamburg Airbnb competitor raised 12 million euros, survived eight years in the shadow of Airbnb, and was absorbed by Wimdu right before both shut down.

The luxury fashion marketplace that peaked at $23B and was rescued from bankruptcy by Coupang for $500M — a 98% destruction of peak value

The P2P insurance pioneer that pivoted too late and too hard.

The meal delivery pioneer that raised $125M and employees learned of its closure from a news report

del.icio.us invented social bookmarking in 2003. Yahoo bought it. Then AVOS. Then Science Inc. Then it died.