>I wonder what someone who owned equity in Homejoy would think of this. Perhaps they should have done more due diligence? When you invest in a company there is

>I wonder what someone who owned equity in Homejoy would think of this. Perhaps they should have done more due diligence? When you invest in a company there is always a risk something like this will happen. The question is: why would you invest in a company that can't survive without constant funding injections? It seems like a house of cards that suddenly fell down when the investors stopped propping it up. Google didn't do anything wrong. The company folded and they hired some of the employees. It sucks for the investors, but that's life.