Tools
Search
Import
Library
Explore
Videos
Channels
Figures
Atmrix
About
Tools
Search
Import
Library
Explore
Videos
Channels
Figures
Atmrix
About
Go Back
AP
Avni Patel Thompson
01/31/19
@ Y Combinator
I founded Poppy to connect families with vetted childcare providers, aiming to create a modern village for parents.
Video
YC
What Shutting Down Your Startup Feels Like - Avni Patel Thompson of Poppy with Kat Manalac
@ Y Combinator
01/31/19
Related Takeaways
YC
Y Combinator Cast
07/30/18
@ Y Combinator
We are building a platform that connects parents with vetted caregivers for childcare, aiming to create a modern village for families.
AP
Avni Patel Thompson
09/22/17
@ Y Combinator
I started Poppy not because I'm an expert in child care, but because I wanted to solve the anxiety I felt about who was taking care of my daughters.
AP
Avni Patel Thompson
01/31/19
@ Y Combinator
I realized that the childcare market is inherently margin-challenged, making it difficult to scale Poppy effectively.
AP
Avni Patel Thompson
03/03/18
@ Y Combinator
I realized that what parents really need is a sense of community or 'village' to support them in childcare.
AP
Avni Patel Thompson
03/03/18
@ Y Combinator
I hypothesized that a village could be created through technology, using a vetting mechanism and matching algorithm for caregivers.
AP
Avni Patel Thompson
03/03/18
@ Y Combinator
After my first startup failed, I started talking to parents to understand their biggest challenges, which led me to childcare.
AP
Avni Patel Thompson
01/31/19
@ Y Combinator
Poppy was not a failure; it achieved its mission of helping thousands of parents and caregivers, even if it didn't scale as I had hoped.
AP
Avni Patel Thompson
01/31/19
@ Y Combinator
I explored three options: pivoting the business, seeking acquisition, or shutting it down completely, ultimately deciding to close Poppy.
AP
Avni Patel Thompson
01/31/19
@ Y Combinator
The final decision to shut down came after realizing that the business model was not sustainable and that it was time to start fresh. I was tremendously lucky to have supportive investors who believed in the mission of Poppy, which made it easier to communicate the difficult decision to shut down.