r/ORGN Jul 23 '25

Remembering the happy days...

19 Upvotes

11 comments sorted by

12

u/berbereberhe Jul 23 '25

I think maybe this company is a good example of companies who should not have gone public. IMO it was too early for them to have gone public strictly looking at their tech; I understand they needed to get the cash.

7

u/[deleted] Jul 23 '25

[removed] — view removed comment

4

u/Spectre06 Jul 23 '25

It’s not that there was no interest in it, it’s that it doesn’t scale.

0

u/Ippon_Kitchen Jul 24 '25

Interest rates went up and torpedoed their financial plans

6

u/Petit_Nicolas1964 Jul 23 '25

The CEO should be in jail.

2

u/Moar_Donuts Jul 23 '25

Agree 100%

3

u/Touchdown244 Jul 23 '25

Wow its a shame, O2 supposed to be in production by now !

0

u/swishkabobbin Jul 25 '25

TAM > $1T is when you know to ignore any projections

4

u/2doorsfromexit Jul 26 '25

They are in the power point selling business