Investor Deadpools Jooce. Not Sure They’re Aware.
March 03, 2009 at 07:57 AM EST
Funny how we receive tips sometimes. Yesterday we covered the latest Startup2Startup meetup, and a certain ChrisATSo33t commented on the story pointing to the latest quarterly report (PDF) of Luxembourg-based VC firm Mangrove Capital Partners in which they state that Paris-based portfolio company Jooce would be "closing its doors" during the month of February. We've now entered the month of March, and the Jooce website is still alive, people can still sign up, and their blog has been silent since October 2008. No notice of shut-down anywhere to be found, and e-mails are not bouncing (we hope they're still being replied to since we contacted the Jooce team for comment). But since Mangrove was the company's only investor, having injected seed funding into the startup in 2007, we're pretty sure we can deadpool the startup.