After raising $200M…

“Last year, the CEO of messaging app IRL repeatedly said it had 20 million monthly active users, who chatted about shared interests and planned real-world events together. Today, a spokesperson for the startup said an investigation by the board of directors concluded 95% of those users were ‘automated or from bots.’”

Keep building, nostriches.

https://www.theinformation.com/articles/social-app-irl-which-raised-200-million-shuts-down-after-ceo-misconduct-probe

Reply to this note

Please Login to reply.

Discussion

1m MAU is what… 100k DAU?

So about 12x nostr current size? ish?

Not far to go!

Fake zombie startups - fiat rugpull 🙈