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They've raised almost $40M in funding: https://www.crunchbase.com/organization/homejoy https://www.crunchbase.com/organization/homejoy
by philip1209 11y ago
They've raised almost $40M in funding:
https://www.crunchbase.com/organization/homejoy https://www.crunchbase.com/organization/homejoy
- BinaryIdiot 11y agoI wonder if they will be returning any money to investors and if so how much.
- philip1209 11y agoIf they shut down due to lawsuits, don't debt holders (plaintiffs) get priority access to remaining cash?
- AndrewKemendo 11y agoJust goes to show you that all the money in the world can't save a bad business model.
- yumraj 11y agoAccording to Recode article they were looking to raise more money. Am curious how could they have burned $40mil in ~1.5 years..
- DarthMader 11y agoLoss leading sales that attracted 1 time customers that either never came back and/or decided to cut them out.