Friday, May 18, 2012

Third Pivot?s The Charm? Events Site Ravn Becomes Flash Sales Site Touch Of Modern

ravn_events_2No one ever called a limit on the number pivots a company can do, right? So here's the latest at a company we've been watching for a while now.?RAVN, an event planning and sharing app that itself was the product of a pivot from the developers behind "experiences marketplace" Skyara, has sent a letter out to its users telling them that the app is getting shut down at the end of this month. In RAVN's place, the founders are starting up yet another business -- their third -- also loosely based around events but with a decidedly more commercial bent: a design flash sales site called Touch of Modern. "After two years of building a new marketplace for experiences, we have decided that it is time to close down RAVN. The website and mobile app will completely stop working by the end of the month," the RAVN team wrote in the note to users.

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