For example NZ Soul Machines who raised $135M in Venture Capital and were in financial stress in 2023 according to UK filings.
The founders of the digital human replica startup stepped down as directors after months of cutbacks and redundancies. They lost some largish contracts, although I can't find anything now not behind a paywall, but it was published during the week.
If anyone has ever done a Project Management Course roleplay, then you would know that the team that plans extensively before commencing work, will deliver the project on time and the teams that jump straight into the project delivery without going through the planning steps, inevitably hit a roadblock that cannot by bypassed without backtracking because of missing the key customer requirements that make the project a success.
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