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I worked at Verivo (More than 3 years)
Company was born from hard work and innovation. Original team knew the market and built products with a purpose, and as a result, customers loved them.
The change came when the purpose of the product became unclear, as did the value. The delivery of an unclear product to a racing market was a recipe for failure.
Advice to Management
Too late for advice. The company has been absorbed into a newer mobile app platform company. Maybe they can make sense of whats left. Or maybe not.