> The very nature of a startup, especially one funded like this, means that your whole existence is predicated on the hopes that you make it big.

Convoy knows their situation very well, and it hasn't changed for 6 months.

As investors and founders you can make the call and be responsible to your employees, maintaining a good reputation for yourself (as founders), and enabling future deal flow (as investors) or this situation where they get 0 help transitioning.

This wasn't an early stage company. They're a late stage (series D iirc?) company that was valued at 1 billion+ with 5000 employees. It's not fair to characterize this with the same risk profile as an early stage co., and the expectations here should be higher in terms of severance and help.

As an employee you also know what situation you’re in, they already downsized from 1500 to 500. That in itself should be warning enough that you’re working at a very risky company.

>It's also certainly not in the interests of investors to just call things off.

And of course, we should prioritize a class of people who BY DEFINITION have significantly more resources available to keep themselves alive and safe and happy over the well being of 500 normal people.