💨 Abstract

CaaStle, a clothing subscription and monetization platform, is facing financial difficulties, with its CEO resigning and an investigation into alleged financial misconduct. The company has almost run out of money, and its job board currently shows no open positions, signaling potential troubles. CaaStle raised over $530 million, but experts predict 2025 will be another tough year for failed startups.

Courtesy: techcrunch.com

Summarized by Einstein Beta 🤖