Katerra wanted to transform construction. It burnt $2B and shut down

Re:Katerra wanted to transform construction. It burnt $2B an... by renewiltord on Friday October 29, 2021 @09:46PM (#29045310)

What went wrong? It doesn't say.

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Re:Katerra wanted to transform construction. It burnt $2B an... by bluemoon2010 on Friday October 29, 2021 @10:09PM (#29045397)

The company made big promises and had to burn through the funding to try to meet them without succeeding.

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Re:Katerra wanted to transform construction. It burnt $2B an... by catillac on Friday October 29, 2021 @09:49PM (#29045321)

Looks like it’s the first part of a multi part series

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Re:Katerra wanted to transform construction. It burnt $2B an... by sokoloff on Friday October 29, 2021 @10:11PM (#29045407)

I read that as the first of a multi-part series of SoftBank investment failures, not a multi-part of this specific one.

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