3 ms·
Fair but any reasonable business leader will assess the risks and at least have a plan to get around them, and who knows they may be working towards that and he
by uptownfunk 3y ago
Fair but any reasonable business leader will assess the risks and at least have a plan to get around them, and who knows they may be working towards that and hence the layoffs.
It seems they tried to go after the golden goose (build a platform) but instead existing platforms basically ate their lunch. That coupled with the changing social dynamics from reopening were too strong headwinds to weather with their current business model.
What this means is they are basically back to square one, and need to build a new product and pray they get to PMF. If they are lucky they will have some reusable components.
It will be interesting to see what happens to them and what they choose to go after in the next stage of their journey.