Is Intern Avenue Still in Business? (2026 Update)
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Look for Intern Avenue on AmazonFull story →Dupsy Abiola pitched an online listings hub matching students and recent graduates with employers offering internships, launched as structured routes into competitive industries were becoming a bigger part of the graduate job hunt.
The company did not make it. It closed formally, and nothing of the platform remains today.
The Terms
Abiola asked for £100,000 for 40 percent of the business, and Peter Jones backed the full amount, with some reporting suggesting the late Hilary Devey had also shown interest before the deal closed with Jones.
Jones had backed a run of other marketplace and platform businesses before this one, which mattered for a company that needed to keep both employers and job seekers coming back at the same time.
The Two-Sided Trap
A directory like this survives only while both audiences keep showing up. Businesses need a strong enough pool of applicants to bother posting instead of relying on their own recruiting, and applicants need enough live roles to make browsing worth the effort.
Once one half of that equation weakens, the other tends to follow quickly, and a platform can spiral into a decline that new investment struggles to reverse.
The Closure
Public filings confirm the company was struck off in 2019, and a later check on the site found nothing left running.
That reads as a genuine shutdown, not a rebrand hiding under a new name. The founder's public profile and the underlying idea were both strong, but keeping both sides of a matching platform fed long term proved to be the harder problem.