3 ms·
Complete surprise. Both closed 100+ million dollar rounds last May and June. Both valued at 1 billion+. Both bragged about their multi year runway days or week
by squeegee_scream 3y ago
Complete surprise.
Both closed 100+ million dollar rounds last May and June. Both valued at 1 billion+. Both bragged about their multi year runway days or weeks before layoffs began. Both had plans to grow significantly this year. My take is that the investors told them to do layoffs so they did.