https://techcrunch.com/2020/01/16/are-oyos-deep-cuts-a-reality-check-for-unicorns/

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Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. After a short pause, we’re back on the topic of unicorn layoffs . While it’s cheery that a number of companies are chugging ahead with ARR growth powered by efficient spend, not every company has taken a similar approach. As we’ve seen in the last six months , many companies that raised big checks wound up spending too much and are now reducing headcount and other costs. Today I want to chew over the latest news from OYO, which is beating a retreat to reduce losses. And, I’m following recent notes from venture capitalist Bill Gurley about how much money a company should... Full story

16 January

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