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The number of countries they operate in and the assumption that the next few years would be growth years. This isn't really rocket-science.
by whymauri 7y ago
The number of countries they operate in and the assumption that the next few years would be growth years. This isn't really rocket-science.
- jonathankoren 7y agoIt’s not just that. Being flush with cash causes engineering bloat. You start chasing blue sky trendy ideas (AirBnb was reportedly doing chatbot for a while, ala Volara.) or chasing more and marginal gains on existing products. It’s inevitable, when money is cheap.
- xchaotic 7y agoSo they probably need to let go of those staff and projects rather than raising money at high interest?