From the article: > Homejoy was able to raise funding, but not enough to grow > the company as big as its founders and backers had hoped. > “We declined those

From the article: > Homejoy was able to raise funding, but not enough to grow > the company as big as its founders and backers had hoped. > “We declined those investments because it wasn’t enough, and > we wanted to stay true to our vision,” Cheung said. I'm sorry but shutting the company down because the round you could raise wasn't as big as you hoped feels like wimping out. Alive beats true to your vision and dead. In "The Hard Thing About Hard Things", Ben Horowitz coins the term WFIO (pronounced wiff-e-o) for that "We're Fucked, It's Over" feeling that entrepreneurs get on a regular basis. Lawsuits spooking investors is certainly bad but hardly even qualifies. Given how big an issue the worker classification issue is for the whole economy, I could see the regulatory issues getting sorted out over the next few years. Quitting seems like a premature move to me. How do the investors who put $40m into the company feel? Who's going to invest in this team again? Who's going to go work there?