Problem is that they are unable to focus at all. Small startup they are they should do one thing and only this, instead of buying companies here and there. Karl probably thinks they are the next Atlassian and Peter is just spooky
Successful tech companies focus on a single product and get insanely good at it before they diversify. Examples: Canva, Slack, Citrix, Salesforce, SurveyMonkey, Expensify - you name it.
A particularly bad idea is to invest in another startup as long as you are a startup yourself and then claim this other startup will fuel your salespipe (aka MyNetZero)
New CEO has to be authentic, trustworthy, experienced in the domain and as a turnaround manager, focused - someone to get things done, engaging and enlightening for employees, investors and customers have
LVT Price at posting:
4.9¢ Sentiment: Sell Disclosure: Held