Struggling Tech Company Almost Desperate Enough To Start Making Actual Product

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SAN FRANCISCO—Deeming the move unfortunate but necessary to keep his fledgling Silicon Valley dream alive, CEO Jason Ipser told reporters Tuesday that his struggling tech company was almost desperate enough to start making an actual product. “Believe me, I never thought I’d say this, but after years of doing…

—Deeming the move unfortunate but necessary to keep his fledgling Silicon Valley dream alive, CEO Jason Ipser told reporters Tuesday that his struggling tech company was almost desperate enough to start making an actual product.

more than anyone was hoping to just coast and keep raking in the dough from hugely successful funding drives and false inflation of our overall net worth. But in this market, you have to be adaptable, and sometimes that means producing something that people actually want to spend money ond his statements, scrapped all research and development initiatives, and let out a sigh of relief after Amazon offered to buy the company for $500 million.

 

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