Archive: funding
What Went Wrong With NowRx
By Andy Gordon on December 12, 2022
Last Monday, I told you that NowRx was going out of business. Today, I’m going to share some more thoughts on why it happened. The company says it was because of the deteriorating economy. But there’s a lot more to it than that. And there’s a lot more to it than merely running out of money. Running out of money was a problem. But what caused the problem in…
Startups Should Be Wary of SoftBank’s Approach to Venture Capitalism
By Andy Gordon on July 25, 2018
SoftBank is fond of writing big checks to fund startups. But founders should be wary. Big checks can come with big problems.