Kohort, a social network for groups, launched last month jam-packed with friends of founder and former venture capitalist Mark Peter Davis.
But less than a month after launch, Mr. Davis took to the company’s blog to announce that they have decided to “decided to run Kohort with a smaller team, a leaner approach.”
AllThingsD‘s Peter Kafka expects the company to lay off almost all of its 15 employees. Dwolla founder Ben Milne announced yesterday via Twitter that Kohort builder Shane Reisner has already started working at Dwolla.
Today, Kohort, the super-stealth social network for groups, emailed early adopters who had registered usernames and asked them to officially join the site. Last year, Betabeat told you that Kohort, founded by former venture capitalist Mark Peter Davis, netted $3 million from a number of high profile investors like IA Ventures, RRE, FF Capital, David Tisch and David Cohen. The supposed “Meetup killer” made its beta version public back in July.
The site is based around public and private groups. Kohort lets group members post to memos to the group, much like a bulletin board. These memos are supposed to help organize meetups and group activities. Original plans called for a way to put similar groups into networks, but that remains to be seen in this early version.
Here is the strange thing about Meetup.com. It’s terrific for organizing people to get together in the real world. But even though there are 28 adult soccer clubs on Meetup near the Betabeat office, each one sits in a separate silo and doesn’t connect to its peers. Trying to merge groups together is a nightmare on Meetup.
Kohort, the new startup from Mark Davis, just raised $3 million from folks like IA Ventures, RRE, FF Capital, David Tisch and David Cohen. It’s going to be offering a suite of tools to help groups do things like organize events, collect dues and enlist new members.
But the secret sauce, says one investor, is the way in which Kohort will help groups to interact with one another. “Meetup is essentially providing a platform for anyone to create a group, but its not tapping the network effect that comes from tying those organizations together.”
Mark Davis, entrepreneur turned venture capitalist turned entrepreneur, has been teasing the tech scene for months now with a service called Kohort.
Turns out Kohort is taking aim squarely at one of New York’s oldest start-ups, Meetup, with a new set of community management tools.
What a tease. Today stealth start-up Kohort announced a $3 million seed round led by IA Ventures with participation from big New York investors like RRE, Zelkova and David Tisch among others.