Phablecare is gone
Just read an article on scams at the company. This is becoming all too common now. I'm afraid of the impact it will have on the startup ecosystem
Just saw that Phablecare went of the grid after raising $25 Mn in 2022 ... Does anyone know what happened
Not surprising. Last time I heard they had done huge layoffs and were not able to pay salaries.
Just read an article on scams at the company. This is becoming all too common now. I'm afraid of the impact it will have on the startup ecosystem
The health-tech company raised $25 million in 2022. Now their operations are shut, website deactivated. They haven't paid their employees for over 3 months. They encouraged employees to resign and brought their count down from 2000 to 20...
50% layoff at a Bangalore based health tech startup. Founder had no shame or guilt. Has raised funding recently but chose to fire people again. This is the third layoff in the last 1.5 years. Terrible management, declined variable pay. ...
HealthifyMe is the Startup. They are having other PR articles to cover this shit now