Roomi's fall from grace

[smartplaya2001]

https://venturebeat.com/2018/11/09/roomis-fall-from-grace-major-layoffs-follow-allegations-of-frivolous-spending-and-nepotism/

[smartplaya2001]

Goes to show you money doesn't solve money problems. I get that first time entrepreneurs spend lavishly on advertising but 80k trips to Thailand?

I think having too much money too early is not always a good thing. Focusing on unit economics is key if your startup is going to survive.