Thursday, May 09, 2024 10:28:16 AM
The End Of The Super App Dream - Apr 28, 2024
https://www.forbes.com/sites/zennonkapron/2024/04/28/the-end-of-the-super-app-dream/?sh=64ba0edf73c5
Wiknogo couldn't raise another penny from VCs, so the next best thing is multiple rounds of dilution to raise 10's of millions.
Wiknogo needs about $10M to just get this off the ground as the CAC will be sky high.
There is a reason why colleges aren't signing up and they have no real users after how many years?
Angel funding was $500K thrown out the window. I'd put a value of $100K and that is being generous as it prolly is more like $25 if some of the code can be reused. Prolly not though.
Let's face it. Frankie loving noob investors got Chuckled Faced again. When will they learn?
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