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Fast, the easy checkout startup, shuts down after burning through investors' money

Summary by Ground News
Fast, a one-click checkout startup, will close its doors, CEO says. The company attracted more than $120 million in investment. Former employees say the company's product was generating little revenue. Fast aimed to bring the one- click checkout feature now available on Amazon to the rest of the Internet.

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Fast, the easy checkout startup, shuts down after burning through investors' money

The startup received more than $120 million from venture capitalists in Silicon Valley and the support of Stripe, yet questions remained about its flamboyant CEO's business decisions and past deals.

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Lean Left

Fast, the easy checkout startup, shuts down after burning through investors' money

The startup received more than $120 million from venture capitalists in Silicon Valley and the support of Stripe, yet questions remained about its flamboyant CEO's business decisions and past deals.

·Washington, United States
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TechmemeTechmeme

Sources: one-click checkout startup Fast is shutting down entirely; Fast raised $120M from backers including Stripe, Index Ventures, and Addition

From The Information. View the full context on Techmeme.

·California, United States
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Techmeme broke the news in California, United States on Tuesday, April 5, 2022.
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