GoMechanic cooked the books 😐

23mo ago

Find out if you are being paid fairly.Download Grapevine

SqueakyCoconut

Porter23mo

Sadly, not the first one to do it and won’t it be the last.

SqueakyWalrus

Stealth23mo

How is Jupiter doing?

SleepyNugget

Amazon23mo

Sigh

QuirkyPotato

Stealth23mo

High incentive to bloat metrics, suck up venture capital and edge out rivals.

The smart founders know how to not to let it catch up with them.

SquishyBiscuit

American Express23mo

So true.. I don't know how it is not illegal... With no action against them, we can see similar bloating up of numbers in future

DizzyDonut

Harness23mo

Sequoia seems to put extraordinary pressure on founders and companies? Or maybe they lack proper process or due diligence. Could be that they are more into non useful metrics than ARR and cash in the bank

JazzyDumpling

HT Media23mo

Strange thing is why are Sequoia backed startups facing this only in the past 1 year or more. Bharat Pe, Trell, Zilingo and now Go Mechanic.How can such a big Fund make such a mistake again and again about not looking back on the finances after funding the startup.