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This company was burning $10 million a month? | Sidebean


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This company was burning $10 million a month?

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#startups #slidebean #fast

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It's the death that shook the startup world. Fast closed its doors weeks after damning articles revealed its dark side.

The startup died as fast as it rose to the top. Months ago, Fast had raised $168 million and was taking the world by storm.
People loved the marketing campaigns. Plus, the company promised to be the one-click shopping solution for everyone. But behind the scenes, Fast was seconds away from an implosion.
Then, time ran out. The company shut its doors, and that was it. Fast disappeared. So, how did it go from being the talk of the town to nothing in such a short time?

Is there more than meets the eye? Let's dive into Fast in this episode of Company Forensics.

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0:00 Fast - Intro

0:46 Fast - The Collapse
2:52 Fast - Red Flags
4:35 Fast - It's a Cultural Thing
6:21 Fast - Should we be looking for work?
8:00 Fast - Past, Present, and Future

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Sidebean makes documentaries about startups, tech, and their impact on society. It is a venture-backed company that helps other startups navigate the complicated road to success. They love to cover stories around business, startups, and tech, trying both to teach and entertain.

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Disclaimer: This podcast is an independently produced audio adaptation of content originally shared by Sidebean. It was created by a fan who appreciates Sidebean’s thoughtful storytelling and wanted to make these ideas more accessible for audio-focused listeners. This is not an official production of Sidebean, nor is it affiliated with or endorsed by the channel. All rights to the original video content belong to Sidebean. If you are a representative of Sidebean and have any questions or requests, please feel free to reach out.

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