Company has missed last three qtrs' numbers ... and not be just a little, but by a lot!
Layoffs in July look to be the start of a trend as investors grow impatient - this boat is sinking, so board at your own risk
Lack of repeatable sales model since most sales are custom APIs; pricing is non-existent (& what pricing exists is woefully under-priced)
CEO (little Napolean) asked to step down in July but worse news, investors gave CEO job to one of founders who is not equipped to lead the company
The company is not structured to scale the business ... there's 5-8X more people in QA than in sales.