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Usually when things happen this way it means that facts changed in some way. Either they presumed until today that some sale or financing deal would come throug
by propter_hoc 8y ago
Usually when things happen this way it means that facts changed in some way. Either they presumed until today that some sale or financing deal would come through, or their investors met and decided they had had enough.
- gk1 8y agoYep. I've seen this happen to another startup. They leased a massive (for them) office space only to shut down a few months later after a funding round fell through horribly.
- jonwachob91 8y agoA few months later is a lot different than 4 days later.
- timr 8y agoBig office deals take a long time to start, and have inertia once they're going. I can easily see someone starting a moderately speculative office expansion project and then getting distracted with fundraising, only to have everything fall apart at the same time, many months later. Said another way: given the number of liabilities at a company that has taken hundreds of millions in funding and is flying low over the ground, a lease is probably not you biggest concern.