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Business Autopsy: Why Fintech Startup Fast Failed

Founder's Journal

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Fast

Fast is a one click check out start up. They were burning ten million dollars a month while generating 50 thousand dollars in revenue each month. The company reportedly was at a 580 million dollar valuation when it went public. Fast raised 20 million dollars in march 20 20. This was their series a. Raised a hundred to two million as their series be in novem 20 20 a reportedly was at an estimated $500 million price tag. But i think it's sad. I was so not surprised by that. And i don't think anybody was, except all the employ besters.

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