-100%

est. 2Y upside i

E-CommerceSeries C

Stage: exit. Country: Germany

Rank

#4440

Sector

E-commerce, Online Marketplace

Est. Liquidity

~0Y

Data Quality

Data: Medium

DaWanda ceased all operations in August 2018, referring its user base to Etsy.

Last updated: March 10, 2026

Bull (0%)-100%

DaWanda ceased operations in August 2018, and its user base was referred to Etsy. There is no longer an operating company, and therefore no potential for equity upside. Any equity would be worthless.

Base (100%)-100%

DaWanda ceased operations in August 2018 due to its inability to compete effectively in the market. The company wound down its operations, and Etsy did not acquire its assets, liabilities, or employees. Consequently, any equity in DaWanda is worthless.

Bear (0%)-100%

DaWanda ceased operations in August 2018, and its user base was referred to Etsy. There is no longer an operating company, and therefore no potential for equity upside. Any equity would be worthless.

Est. time to liquidity~0.0 years

Preference Stack Risk

severe

With the company being defunct and having no current valuation, the $5M in total funding represents an infinite liquidation preference ahead of common stock, rendering it worthless.

Dilution Risk

high

As the company is no longer operating, any prior or future dilution is irrelevant; the equity holds no value.

Secondary Liquidity

none

There is no secondary market for equity in a defunct company.

Questions to Ask at the Interview

Strategic questions based on DaWanda's data — designed to show you've done your homework.

  • 1

    “Given that DaWanda ceased operations in August 2018, could you clarify the nature of this equity offer and the current status of the company?”

  • 2

    “What is the understanding of DaWanda's current operational status and how does that impact the value of any offered equity?”

  • 3

    “How does the company plan to generate value from a defunct entity for equity holders?”

Community

Valuation Sentiment

Our model estimates -100% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.