3 ms·

How much funding did they receive?

• anotherhue 3y ago
  "How much money did they waste?" is perhaps a more honest way of phrasing this.
  • ShamelessC 3y ago
    Oh one hundred percent. Had thought that goes without saying at this point.
    • senttoschool 3y ago
      It's likely more than 100% because they waste external people's time as well, such as ours right now.
    • jjtheblunt 3y ago
      What happens to the source of the 29.1 million dollars? Just a total loss? (Obviously I’m not an accountant)
      • senttoschool 3y ago
        Yes, unless they shut down with some cash left, which they will likely be obligated to return to investors/creditors.
        • jjtheblunt 3y ago
          “OMG”: so how does anyone get convinced to invest, as it seems like gambling with a very high chance of total loss?
• khuey 3y ago
  $29.1 million according to Crunchbase. https://www.crunchbase.com/organization/wyre https://www.crunchbase.com/organization/wyre