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Self-driving shakeup: TuSimple CEO fired & Argo AI shuts down + Divvy Homes CEO Adena Hefets | E1600
This Week in Startups
Simple Shares Are Down 90% Year to Date
Simple shares are now down 90% year to date. At one point this company had essentially a 15 billion dollar market cap. Company has very little revenue it generated 4.9 million dollars in revenue in the first six months of 2022 almost really. This is where we can say to simple hit a peak market cap of 14.9 billion dollars.
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