Dear customer, store owner, reader.

After a month of consideration we’ve decided to proceed a shutdown of all operations for magemarket.com.

Covid — 19 has impacted our company and overall hobby industry in a way no one could have predicted nor prepared for. We’ve experienced 60% less revenue— in a crucial time of our company, where every single $ matters.

Over the past 3 and a half years we’ve given our best to build the most superior marketplace to buy and sell collectibles, first and foremost Magic: The Gathering.

However as a seed funded company by all-star investors such as Y Combinator and amazing angel investors of Twitch, we’ve not found a way to build a profitable business fast enough in order to survive such global crisis and revenue fallout. …

About

Peer Richelsen

Y Combinator Alumni W19, previously co-founder CEO magemarket.com, mostly active on twitter @peer_rich

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