Bad luck to Andy Cockburn and the Wigadoo team, following the news that it is closing down.
I really liked the Wigadoo model, and so did the likes of Brent Hoberman, who backed it. Wigadoo basically helped people to go Dutch online, for group outings such as events. So rather than having one person pay for four tickets, each person could chip into a central pot.
Simply put, the company ran out of time and money, and the appetite from the investment community wasn’t there to issue a new round of funding to take the business forward.