[maceo]

I think Circa was a pretty innovative app, so I'm trying to pull some lessons from their failure.

They raised nearly $6m and never made any money. The product was pretty good, but the question is what was the business staff being paid to do?

According to their website they had 8 editorial staff and 10 product staff members. This seems like too large of a team for not having product-market fit. Would they have had trouble securing more funding if their burn-rate was half of what it was?