Back
Havish Gupta
Figuring Out • 1y
Why did 'Uber for Home Cleaning' Fail? So, this is Homejoy, a San Francisco based startup founded by Adora and Aaron Cheung in 2010. It was an online platform which connected customers with home service providers. They received their first investment from Y Combinator in March 2010 and then began their operations in 2012. In Beginning, Adora Cheung herself did the first few cleaning jobs herself, untill they started to scale. Their growth led them to raise another $1.7 Million Round by AndHor and Resolute in 2013 And after this, they raised a series A round in Oct, 2013 and a series B Round by Google in December. (That is 3 funding round in a single Year) Thus, Paul Graham said that Homejoy was the fastest growing Y Combinator company. Then, in 2014, they scaled to UK offering cleaning services at just $13 an hour (compares to upto $35 in the USA) But this growth was temporary, as they soon faced worker classification related lawsuits. And the lauwsuits along with high chunk rate Along and high costs led the company was permanently shut down in mid 2015 (raising total of $40 Mln) Then, after the company Anyways, just 3 months later Adora started another company called Fly Maids using HomeJoy's customer page. But she had to shut that down too after an Homejoy user found his credit card details and his profile on the FlyMaids' website even without signing up. (She did that to avoid lawsuits and controversy)
Replies (6)
More like this
Recommendations from Medial
Dhairya Limbani
Cloud Engineer • 7m
hey all yesterday I got rejected by an company stating that I am over skilled for the role The Thing is when I completed the 1st round of the interview the hr be like if they ask you about any of the skills you mentioned in the resume tell them that
See More
Mahendra Lochhab
Content creator • 1y
In shorts news app was founded by Azhar iqubal, Anunay Arunav, and deepit Purkayastha in 2013. In shorts was started in 2013 with a Facebook page News in Shorts. That year they launched Inshorts, an app with a format of news in 60 words. Inshorts w
See More
Noida drycleaner
Noida Dry Cleaner - ... • 9m
Noida Dry Cleaner - Trusted Laundry and Dry Cleaning Services in Noida Noida Dry Cleaner offers top-quality laundry and dry cleaning services in Noida, providing quick, reliable, and professional cleaning solutions for your clothes and garments. Wit
See More
Dr Sarun George Sunny
The Way I See It • 1y
Genrobotics: Revolutionizing Sanitation with Robotics Genrobotics, based in Kerala, is addressing the critical issue of manual scavenging in India’s waste management sector. Despite being banned in 2013, manual scavenging continues, posing severe he
See More
/entrackr/media/post_attachments/wp-content/uploads/2021/08/Accel-1.jpg)
Download the medial app to read full posts, comements and news.