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All of these comments couldn't be more correct.

The only question I have is how could investors be this dumb?

I have heard that some investors in the prior round (all of what, 12-18 months ago?) are trying to get some/all their money out after seeing the curtain pulled back. It has to be somewhat of a stampede for the door gaining momentum.

Still, while it is a cushy place to work (smart people, nice perks, okay money and stock that is supposedly valuable on paper until everyone rushes for the door), I also don't understand why smart people work there - unless they don't.

Maybe the smart employees are the ones who left 2-3 years ago.



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