One failed initiative does not mean the company is bad. In fact if a company always succeeds, Im suspicious that they’re aiming too small. Is there something else that made you doubt them?
Right, there's always room for the "exception" in startup land. But majority will fail right? For me personally, it just wasn't worth the risk to jump, especially given this surge of AI right now. Also, already working at a fintech company has shown me that margins can be razor thin/tiny at times, depending on the product. For Mesa, I am guessing they relied upon interchange fees, partnership/commissions, and interest income.
