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mihird9

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Rooms.xyz 3 years ago

I mean, how does a company hire 7 employees based on the funding/money they've raised, and then layoff every single one of those 7 hired employees in a span of about 1 year? With such planning/decision making, and no business model in place, how do VCs even fund them in the first place?

Rooms.xyz 3 years ago

The TechCrunch article mentions that they downsized (i.e. fired all non-founder employees) to just the three co-founders, before launch.

That seems kinda shady to me.