25 Best Startup Failure Post-Mortems of All Time
www.chubbybrain.com
SEPTEMBER 28, 2011
spent $20 million to get back to the same revenue that I had when I was CEO. created a vastly higher cost structure; I had 80 people mostly on base salaries under $100,000 and was bringing in revenue at the rate of $20 million annually. .”). We had the wrong business model. During this year they.
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