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January 22, 2018 08:52 pm GMT
A startup that’s operating in stealth mode raises an almost stunning amount of money before it releases a product. Investors write outsize checks to the outfit anyway because of the people involved in it, but before you know it, poof, the company is imploding, and the capital is gone. It’s a story that industry watchers know well at this point. Clinkle — the payments… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/WFnviUwCQeM/
Another short-lived, overfunded startup is shutting down: Primary Data
A startup that’s operating in stealth mode raises an almost stunning amount of money before it releases a product. Investors write outsize checks to the outfit anyway because of the people involved in it, but before you know it, poof, the company is imploding, and the capital is gone. It’s a story that industry watchers know well at this point. Clinkle — the payments… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/WFnviUwCQeM/
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