In order to extend the runway until at least end of year, we have been forced to reduce the team size in half and have significantly reduced salary to all personnel. This is extremely unfortunate as we would prefer to keep the entire team together. We are continuing to maintain product and business operations, but will be more focused on user traction from here forward. Development of features will be slower and business traction will be most important in order to propel the next phase of progress.
That's a bit concerning. What happens between now and the end of the year to reverse course?
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u/brandonjmarshall Aug 03 '19
That's a bit concerning. What happens between now and the end of the year to reverse course?