About a year and a half ago, I left my job leading the platform engineering team at CrunchBase to bootstrapping my own venture, ekCoffee (one cup of coffee), a community and network of single people.
We set out to build a different kind of an online dating experience, and over time have evolved to become a “single’s space” that’s more social online and in life, compared to the dating apps that are out there today.
We had also started to get a real sense that we might be able to charge for it and start making some money (gulp).
That said, my Co-founder Anushri Thanedar and I have decided to shut it down, primarily due to:
1. The realization that to sustain the kind of growth we desire from where we are now is going to require the marketing $s we don’t have.
2. The funding landscape for apps in this domain is not particularly kind.