Failed 2016

    Take Eat Easy

    Belgian-French food-delivery pioneer ran out of cash before reaching scale. The Series B that didn't close became one of Europe's most-cited startup failure post-mortems.

    TL;DR — Failure Post-Mortem

    Take Eat Easy was a Food Delivery startup founded in 2012 in France. It raised €16M before collapsing in 2016 — 4 years of runway burned. IdeaProof's AI Failure Score: 62/100, driven by brussels-founded (later paris-headquartered) food-delivery startup take eat easy, launched in 2012 by siblings adrien and chloé roose with karim slaoui, ceased trading on 26 jul 2016 — the same week it announced its 1-millionth delivery. after raising €16m and expanding to paris, london, madrid and berlin, take eat easy failed to close a series c round it needed to compete with deliveroo and ubereats, and filed for juridical reorganisation. it was one of the first high-profile 2010s food-delivery casualties in europe.. The shutdown affected employees, investors, and the broader Food Delivery ecosystem. This case study breaks down the timeline, root causes, competitors that won, and replicable lessons for founders validating similar ideas today.

    Why did Take Eat Easy fail?

    Take Eat Easy failed in 2016 after 4 years of operation, losing €16M in raised capital. The root cause was brussels-founded (later paris-headquartered) food-delivery startup take eat easy, launched in 2012 by siblings adrien and chloé roose with karim slaoui, ceased trading on 26 jul 2016 — the same week it announced its 1-millionth delivery. after raising €16m and expanding to paris, london, madrid and berlin, take eat easy failed to close a series c round it needed to compete with deliveroo and ubereats, and filed for juridical reorganisation. it was one of the first high-profile 2010s food-delivery casualties in europe.. Key lesson: Belgian-French food-delivery pioneer ran out of cash before reaching scale. The Series B that didn't close became one of Europe's most-cited startup failure post-mortems.

    Verifiable facts
    Sourced
    Founded → Closed

    2012 → 2016

    Funding Raised

    €16M

    Industry

    Food Delivery

    Country

    France

    IdeaProof AI Failure Score

    62/100
    Market Fit Risk
    75
    Burn Rate Risk
    60
    Founder Risk
    45

    What Happened: The Timeline

    🚀

    2012

    Founded in Brussels by Adrien Roose, Chloé Roose and Karim Slaoui

    💰

    2015

    €10M Series B led by Rocket Internet, DN Capital, expands to Paris, London, Berlin, Madrid

    ⚠️

    2016-07

    Announces 1 millionth delivery — a week before shutdown

    💀

    2016-07-26

    Series C collapses at term-sheet stage; company ceases trading, files for juridical reorganisation

    Causal Chain

    Derived · heuristic

    This is our reading of the causal chain — separated from the verifiable facts above. Timeline dates, funding numbers and filings are facts (see methodology); root / proximate / terminal attribution is judgement based on public evidence.

    Root cause

    Product built ahead of validated demand: the offering solved a problem too small, too rare, or too well-served by free/existing substitutes to sustain a venture-scale business.

    Contributing factors
    • Sector context: Food Delivery in France, 4 years of runway.
    Proximate cause

    2016-07: Announces 1 millionth delivery — a week before shutdown

    Terminal event

    2016-07-26: Series C collapses at term-sheet stage; company ceases trading, files for juridical reorganisation

    Base rates

    External sources

    A single failure is an anecdote. These base rates give you the denominator — how common this outcome is across all startups matching Take Eat Easy's profile. Sources are third-party; we do not restate them as our own claims.

    ~85%
    industry

    of food-delivery and quick-commerce startups founded in the 2020–2021 boom were shut down or absorbed within 3 years — a textbook winner-take-most category.

    Sifted / CB Insights coverage (2024)
    ~90%
    all

    of startups ultimately fail — including ~10% that fail in the first year and the rest across the following decade.

    Startup Genome / CB Insights aggregate (2024)
    ~35%
    all

    of new US employer businesses survive past their 10th year (Bureau of Labor Statistics BED series).

    US Bureau of Labor Statistics — BED (2024)
    ~35%
    stage

    of Series A rounds ever graduate to Series B; the rest run out of runway or pivot without a follow-on.

    CB Insights Venture Capital Funnel (2023)

    Full Analysis

    Brussels/Paris-based Take Eat Easy raised €16M from Rocket Internet and DN Capital to compete in European food delivery. By mid-2016, the company needed another €15M to extend runway but had been negotiating with potential acquirers and investors for months. Founder Adrien Roose published one of the most-shared startup failure post-mortems on Medium, detailing how the team chased a deal that never closed while burning cash. Final shutdown in July 2016 with all 160 employees losing their jobs. The post-mortem remains a canonical European startup-failure read.

    Key Lessons Learned

    1. Growth-stage delivery is a two-horse market

    By early 2016 the food-delivery market had globalised around Deliveroo and UberEats. Investors saw no path for a #3 European player to reach category-leadership economics.

    2. Milestone PR ≠ investor confidence

    Take Eat Easy celebrated 1M orders one week before shutdown. Vanity milestones don't move Series C investors focused on contribution margin and market share vs. category winners.

    3. A signed term sheet can still fall through

    The Roose siblings' public post-mortem showed the Series C died in due diligence weeks before signing. Never assume closing until the wire arrives — keep a 6-month emergency runway.

    Frequently Asked Questions

    Sources & Confidence

    Every data point is tagged with its source type and our confidence in it. How we grade sources.

    Additional references

    Could This Failure Have Been Prevented?

    IdeaProof's AI validates market demand, competitive positioning, and business model viability in minutes — catching the exact issues that sank Take Eat Easy.

    Related Failures

    Spotted a factual error?

    Approved corrections are published in the public changelog with attribution.

    After Take Eat Easy: hubs, comparisons and deep dives

    Compare the validation, funding and go-to-market choices that separate survivors from failures like Take Eat Easy.