SoftBank is backing out of its investment in struggling dog-walking start-up Wag. Read the full memo Wag sent to employees here:
last month that the Wag investment was in bad shape and could follow the path of WeWork.
Both our management and our investors see an amazing future ahead for Wag! as we refocus on delivering sustainable growth by:for their pet care business as a way to meet and service pet parents, every time, by matching pets with a consistently excellent pet caregiver and delivering the most convenient in-home pet services solutionfor all of their pet needsA great team is partnering with me to lead these efforts,...
· Dylan Allread, currently Vice President of People, HR and Recruiting, will become Chief Operating Officer, responsible for customer experience, trust and safety, communications, and people and places Thank you to those who are remaining with us for the next several weeks to assist us in the transition period. Your efforts to assure that our pet caregivers and pet families are well supported through this period is much appreciated.
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