Not sure if y'all heard about this one but Fast (headless checkout) laid off about 100 people. That sucks but is nothing unusual. But...THEY FUCKING FIRED PEOPLE THEY HAD AT SHOPTALK IN VEGAS. They cancelled the corporate credit cards that belonged to the folks they were there. I'm not sure if this was true but there was a stat that they were only bringing in $1200 in revenue per employee. (If that is true, further evidence that most VCs have no idea what they're doing but just crushed the birth lottery).
There are also rumors that their main competitor, Bolt, is fucking up as well and may follow suit. Be careful out there.
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