Rich lister Cyan Taâeed shutters social enterprise Hey Tiger
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Rich lister and co-founder of technology marketplace Envato Cyan Taâeed is closing down her chocolate social enterprise, Hey Tiger, after the business struggled to turn a profit.
Hey Tiger had been operating for three years and sold over 700,000 of its luxury chocolate bars with turnover of around $3 million a year.
âIn creating a chocolate experience like no other, we designed a business that customers absolutely love, but that was hard to scale into the profitability it needed to be a sustainable social enterprise,â Ms Taâeed wrote in a letter to customers on Monday announcing the closure.
Melbourne s Envato named one of the world s best marketplaces smartcompany.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from smartcompany.com.au Daily Mail and Mail on Sunday newspapers.