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By Chris Vaughn, CEO and co-founder, Saucey
The explosion of “on-demand” companies built over the last few years has been followed by consolidation.
A category in which raising capital was once as easy as claiming to be the “Uber for X” has now realized hard truths. Companies that raised large amounts of capital are now focusing on their path to profitability, while younger on-demand companies have stricter benchmarks they’ll need to meet if they want to raise more money.
I recently sat down with Mattermark’s Alex Wilhelm to discuss why so many on-demand companies have, or will, fail.
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