I'm assuming they folded before burning $40m. IMO, it would be hard to go through that much money when you have (hundreds of?) thousands of customers and (shoul

I'm assuming they folded before burning $40m. IMO, it would be hard to go through that much money when you have (hundreds of?) thousands of customers and (should have) a decent profit margin. I'm more inclined to believe that HomeJoy was sold to investors as the beginning of a platform, and when it failed to hit traction, or growth potential seemed to stall, the investors decided to cut their losses and move on.