leap.club Shuts Down Amid Funding Crunch and Retention Woes
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leap.club Shuts Down Amid Funding Crunch and Retention Woes
The women-only community business leap.club is shutting down its operations after raising $2.3 million since its founding in 2020 because of expensive customer acquisition costs and retention issues.The startup used LinkedIn and Instagram to publicise the decision operations. The firm claimed to have done a lot of things correctly in terms of atmosphere, space, member experience, and event planning, but the unpleasant reality is that the acquisi…
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