New York — USA
Founders — Christophe Garnier and Guillaume Gauthereau
Raised US$ 23,5 Million
Totsy was an e-commerce platform that sold prenatal care products from top brands with up to 90% off compared to retail for moms, babies, and children.
Main Reasons for Failure
-Customers: High customer dissatisfaction, as you can see some of the comments on from their Yelp page.
-Market: The flash sale market decreased by around 70% between 2008 and 2014
Christophe Garnier is a Board Member at Parentify Inc., (A professional marketplace for the family vertical) and he is the Founder & CEO of Spark Labs (An enterprise solution for remote workers and business travelers)
Guillaume Gauthereau is the Founder of Sequoia Lab ( A consulting company for early stage, VC founded and medium & large corporations) and the Founder of Gauthereau Group (Strategic consulting
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