Have any managers here been asked to fire ppl so the company could more easily raise another round of funding? Firing as a signal to investors that the company won’t waste money.
There are cases where a late-stage startup got into too many businesses and the next investor wants them to cut a line of business. Like I can imagine Uber having to shed UberEats if that was going poorly, but the investor liked the core driving business.
fizx|4 years ago
There are cases where a late-stage startup got into too many businesses and the next investor wants them to cut a line of business. Like I can imagine Uber having to shed UberEats if that was going poorly, but the investor liked the core driving business.