alt Hacker NewsAbsolutely right, but you can also see how this can be a sustainable if not spectacular business going forward even in normal times. There are plenty of "resting" actors and grifting politicians who don't mind doing 60 seconds of work for the price of a round of drinks.
It's not a failure even if VCs think it is.
I feel like there is a business in taking successful startups-gone-lifestyle, buying the name and IP from the “rocket ship” and letting them have more funds for a pivot.