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gcanyonlast Wednesday at 1:53 AM3 repliesview on HN

$116 million is a pretty nice payday for a product that never remotely lived up to the hype and had, by the end, negative numbers of customers.


Replies

avalyslast Wednesday at 4:04 AM

No one is getting paid. Everyone involved is taking a loss. Humane turned $200M of venture capital into a $100M company. At best, some investors are getting $0.50 on the dollar.

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paxyslast Wednesday at 1:59 AM

Humane raised a total of $241M from VCs. It is pretty much guaranteed that no employee at the company, and not even the founders, will see a single dollar of that $116M. Investors always get first dibs.

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falcor84last Wednesday at 2:39 AM

>negative numbers of customers

You're being facetious, right? Or is there indeed some definition of customers that allows for negative numbers?

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