[jgmmo]

Poor guys. I met Seth and the first few employees back at Dreamit Ventures. Seth is a brilliant guy, and for such a young guy he was quite impressive. It's a shame to hear that things arent looking great for the company at present. I havent been following the storyline of SCVNGR religiously, but this does sound a bit like the company got pushed into trying to be a home-run when it was a sure thing as a single or double. Unfortunately, when funding is in the mix the incentives point in the direction of trying to become gigantic at all costs. To be honest, I feel this is the same thing that did in the first startup I was a member of - we knew we could be a successful business but the pressure to become the next LinkedIn for fundraising reasons caused us to pivot and crush ourselves as we got over-extended and ran out of runway. I'd hate to see the same thing happen to SCVNGR.