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Personal take... I don't think they have any moats, and they are desperate.



They're just ... dumb. They also never had a business in the first place.

The guy at the helm also has a very weird body language/physiognomy, sometimes it seems he's just about to slip into a catatonic state.

I have no idea what made investors pour hundreds of millions into this guy/pitch, perhaps a charitable impulse? That money is dead, though.




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