The visa service provider is under fire for its vaguely worded charges, fake reviews and poor customer support.
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The most popular startup of the Middle Eastern region just exited its decade-old operation in the country, citing competition and macro challenges. Both these reasons need to be unpacked and understood separately.
Large, valuable businesses are being built in the country, many of whom are delivering food, grocery, goods, services and even people. At their core, these two-sided marketplaces are solving for efficient logistics.
Every time a major startup goes under, it is the employees who are left jobless and waiting for dues to be cleared (if at all). Perhaps it is time founders and investors got their act together.