VCs Lavished Startups With Cash in 2021. Now Comes the Hard Part

In June 2021, Ralf Wenzel founded the grocery delivery startup JOKR to meet the demand of millions of people who had discovered the convenience of online shopping for food. One month later, the startup had raised $170 million to build “a new Amazon,” starting with grocery delivery in nine cities. By December, JOKR had raised […]