Through Prim, these Stanford grads invented low paying jobs with long hours, even by YC standards. I wish somebody would have told them what a terrible idea this is in advance--but more likely than not it would have fallen on deaf ears. People fall in love with the idea of being a startup founder and only hear what they want to hear.
Prim Laundry Startup Throws In The Towel
11–12 of 12 posts
Re: Prim Laundry Startup Throws In The Towel
#12"Here, there are services that make life easier but not necessarily better, and that lose money every time they do business but exist thanks to their deep-pocketed investors." It sounds like Prim did exactly what it was supposed to do: test the market. If there was indeed a strong enough market, they could work on creating a more efficient business without the need for outside capital. Investors are not in the busine…
I don't see much potential upside. This is not a scalable business.