[whymauri]

The number of countries they operate in and the assumption that the next few years would be growth years. This isn't really rocket-science.

[jonathankoren]

It’s not just that. Being flush with cash causes engineering bloat. You start chasing blue sky trendy ideas (AirBnb was reportedly doing chatbot for a while, ala Volara.) or chasing more and marginal gains on existing products. It’s inevitable, when money is cheap.

[xchaotic]

So they probably need to let go of those staff and projects rather than raising money at high interest?