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A comment on What software engineers can learn from the rapid collapse of Fast. Parent comment

Re:What software engineers can learn from the rapid collapse... by mwcampbell on Thursday April 07, 2022 @03:29PM (#30949265)
Sure, their primary problem was extravagant hiring, but I think this is still an important warning for developers working in fledgling companies that are appropriately cautious on the hiring side.
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Re:What software engineers can learn from the rapid collapse... by mcphage on Thursday April 07, 2022 @04:42PM (#30950091)
> Sure, their primary problem was extravagant hiring

I think their primary problem was a huge valuation—with correspondingly huge expectations—but no real revenue. If you're pulling in $600K revenue, but valued at $500M... you're gonna have a bad time.

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