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True story: Millions still in the bank, GoZoomo shuts shop, returns VC money (techinasia.com)
6 points by vmalu on Aug 26, 2016 | hide | past | favorite | 2 comments



I am not sure what to make of this. Partly yes, returning money is good, but I still feel they did not try hard enough. I see tweets if their website being down a month or so ago as they did not renew the certificate.

Startups are not built with defined market, they are a journey to find product market fit. It feels like they just gave up.


Lots to learn from this: biggest one for me is to overcome the greed to use up all the VC money.




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