Veritone Inc (VERI)

[GBR]

All this makes me wonder what they were thinking when they bought Broadbean. They bought Broadbean knowing they would then have a bloated employee count, and incur integration costs, and run into a cash crunch before any revenue and cost synergies kick in.

Only thing I can think of to try to make sense of the Broadbean purchase at the time is if it was strategically planned alongside the new aiWARE roadmap involving a strategic partner like AWS.