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cover of episode MoveLoot raised $22m & shut down 3 years later. Here's the story w/co-founder Shruti Shah

MoveLoot raised $22m & shut down 3 years later. Here's the story w/co-founder Shruti Shah

2020/11/17
logo of podcast Lessons From A Failed Startup

Lessons From A Failed Startup

Shownotes Transcript

MoveLoot was an online market place to buy and sell used furniture. They were part of YCombinator's winter 2014 batch. MoveLoot experienced a lot of growth and expanded to multiple cities including NY and LA. They raised multiple rounds of funding summing up to $22m, but ultimately the company had to shut down. Perry dives deep to learn what happened from co-founder Shruti Shah and draw out lessons learned.