8 ms·
Related article from mid-pandemic: https://www.theinformation.com/articles/shaky-tech-and-cash-burning-giveaways-ai-shopping-startup-shows-excesses-of-funding-b
by _jayhack_ 1y ago
Related article from mid-pandemic: https://www.theinformation.com/articles/shaky-tech-and-cash-burning-giveaways-ai-shopping-startup-shows-excesses-of-funding-boom?rc=m0iyi2 https://www.theinformation.com/articles/shaky-tech-and-cash-...
A friend asked me to do diligence on this company circa 2021 given my personal background in ML. The founder was adamant they had a "100% checkout success rate" based on AI, which was clearly false. He also had 2 other startups he was running concurrently (?)
Live and learn!