Noom precursors faced two years of rejections and dwindled to $2,700
Saeju Jeong · Noom: Saeju Jeong · Aug 8, 2022 · at 35:53
Noom co-founder Saeju Jeong recalls the financial crisis facing Work Smart Labs after failing to raise capital for their connected fitness bike.
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“After two years of straight, like getting a no from all the NJ investors or VCs or even friends, It became clear. And the reality was, Guy, that we didn't have much money left in the bank. I remember we had, like, 2700 dollars”
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