FAILDEX失樂園
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KweekWeek

The business, the turning points, and the decisions behind them.

Founded2012
FundingUS$3.3M

01 / WHAT IT BUILT

What the company did

KweekWeek was a London events startup founded in December 2012 by Tina Mashaalahi and Mehdi Nayebi. It offered a one-stop shop for event organizers and attendees: discovery, promotion, ticketing, updates and recommendations across web, iOS and Android. After a $3.25 million seed round in 2014, it had processed 150,000 ticket sales and drawn 100,000 monthly visitors — but the company eventually dissolved, struck off the UK register in February 2020.

02 / KweekWeek FAILURE REASONS

Failure factors supported by the current evidence

The evidence on why KweekWeek failed is thin. A failure archive dates its end to 2017 and cites competition, which fits the market: event discovery and ticketing is dominated by Eventbrite and entrenched incumbents, and KweekWeek never differentiated enough to win organizers at scale. Despite a $3.25 million seed round in 2014 and early traction — 150,000 tickets processed and 100,000 monthly visitors — the company could not turn its one-stop shop into a sustainable business. No postmortem was published, and Companies House records show the company dissolved in February 2020.

03 / EVENT HISTORY

Events in the structured record

  1. Company founded

    Tina Mashaalahi and Mehdi Nayebi found KweekWeek in London as an events discovery and ticketing platform.

  2. Peak funding round

    KweekWeek closes a $3.25 million seed round and plans expansion to New York and other European cities.

  3. Closure announced

    KweekWeek is dissolved, struck off the UK company register in February 2020.

04 / CONTEMPORARY REBUILD ASSESSMENT

Difficulty of rebuilding this project today

Material for this section is being gathered and checked. It will appear here once ready.

Rebuild difficultyPending assessmentNot completed
Scoring basisNot completed
ScalabilityPending assessmentNot completed
Scoring basisNot completed

Overall assessment: Not completed

05 / CAUSAL CHAIN

How the factors connect

  1. 01

    150,000 tickets is traction, not a business: the seed round had to buy a moat, not just growth

  2. 02

    Event ticketing is a two-sided fight against Eventbrite: a one-stop shop needs both organizers and attendees

  3. 03

    International expansion plans mean nothing without a home market that pays

  4. 04

    Dissolved 2020 after a 2017 fade: zombie years burn whatever reputation remains