3 ms·
What's the warning exactly? I'm pretty sure absolutely everyone involved in running that company made loads and loads of money all along the way.
by ramesh31 3y ago
What's the warning exactly? I'm pretty sure absolutely everyone involved in running that company made loads and loads of money all along the way.
- haltist 3y agoSomeone should see if GPT can summarize the main points but it's the usual startup problems, growing too fast and failing to deliver on the company's main value proposition because of employee turnover and bad hiring practices.
- ramesh31 3y agoYeah I guess ultimately I'm just saying even "failed" startups are generally a huge financial/career boon to everyone involved, so long as it was just a business failure. The only real loser here is the VC.
- compiler-guy 3y agoThe British NIH also was a big loser. It paid a lot of money for something that didn't work, and they lost out on other opportunities that may have panned out better.