Another Meal Company Folds Its Apron

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Another Meal Company Folds Its Apron
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Heard on the Street: That sound you hear is another few hundred million dollars of venture capitalists’ money being chewed up

  • 📰 WSJ
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 63%

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WSJ /  🏆 98. in DE
 

Shocking! Who could have foreseen this?

Is the moral of the story, “Never Dream”? A Venture Capitalist understands risks and hopes the ROI is great... So WSJ would it have been better if those investors never took that risk? VentureCapital

Most of these companies aren't giving us anything worthwhile. - The meals are overpriced - Many are just ingredients packages for you to cook - Pre-made meals wouldn't work because folks think pre-made food is inherently bad for you. So it's a flawed market.

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