Fell in a Hole, Got Out.
Source: medium.com
The investors were done with us, i.e. they weren’t interested in helping to climb out of the hole. That’s normal for them. They expect some investments to fail and when that happens they walk away. We were one of their fails.
The team, very impractically, wanted to climb out of the hole. I think there is something about the Medium ethos that motivates the staff here even when things are grim. And I’m not even done saying how grim.