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700 million in cash is a massive warchest to be sitting on. I’m still doubtful on their path to profitability but having looked at their financials that are rea
by hellotomyrars 3y ago
700 million in cash is a massive warchest to be sitting on. I’m still doubtful on their path to profitability but having looked at their financials that are readily available, I’m actually more optimistic about their long term prospects. Absolutely sucks for anyone losing their job but assuming they actually deliver on the claims made here, it is an entirely reasonable severance package to me.
- sumtechguy 3y agoPark it in 5% bonds. Can the employees beat that for making rev for the company?
- deleted 3y ago[deleted]
- majani 3y agoMaybe you're joking but if you're not, investors could sue you for lack of fiduciary duty