Opinion: Blackbird-Kiki debacle no surprise to women-led startups

An image of Kiki from the Blackbird Investment Notes. Image: Blackbird Ventures

If you’ve been following the Kiki debacle – and who hasn’t, we all love a good trainwreck story – you could be forgiven for thinking you’d accidentally turned on an episode of Silicon Valley.

20-something boys start a company. 20-something boys get given millions. 20-something boys can’t make business model work. 20-something boys meet their first girl and pivot to … *drumroll* “A WOMENS ONLY CLUB FOR THE GIRLIES OF NEW YORK”.

It’s legitimately concerning how much this reads like satire.

While women have (rightly) been mocking the news online, the venture capital firm behind the company, Blackbird, has been notably quiet.

COMMENTS