CoCubes laid off 70% of staff after $5M funding round collapsed
Harpreet Singh Grover · Inside the mind of Harpreet Singh Grover, Co-Founder, CoCubes, & Author, Let’s Build a Company · Apr 6, 2021 · at 3:13
CoCubes co-founder Harpreet Singh Grover recounts the company's existential crisis after a major financing round fell apart.
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“This was the point when, you know, we had a term sheet for raising a five million dollars. And at that moment, it didn't pan through. We were a team of about one, 21, 30 people. We had a fancy office and we had to, you know, let go of, 70, 80 folks. 66%, 70% of our team.”
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