Sunday, January 30, 2022

A look at the fight between six rapid grocery delivery startups in NYC, which raised $5.5B+ since 2020; sources: some are averaging a loss of $20+ per order (Wall Street Journal)

Wall Street Journal:
A look at the fight between six rapid grocery delivery startups in NYC, which raised $5.5B+ since 2020; sources: some are averaging a loss of $20+ per order  —  Jokr, Getir and Buyk are piling on freebies to build up a customer base in New York City  —  Since Hayoung Park moved to Manhattan last year …



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Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researchers quit via Slack during an all-hands (The Information)

The Information : Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researc...