Sources: Builder.ai collapsed after it revised its 2024 revenue estimate from $220M to ~$55M and restated its previously reported 2023 sales from $180M to ~$45M (Financial Times)
Financial Times: Sources: Builder.ai collapsed after it revised its 2024 revenue estimate from $220M to ~$55M and restated its previously reported 2023 sales from $180M to ~$45M — Failed UK start-up revised down revenues to just a quarter of prior estimates — Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.


Financial Times:
Sources: Builder.ai collapsed after it revised its 2024 revenue estimate from $220M to ~$55M and restated its previously reported 2023 sales from $180M to ~$45M — Failed UK start-up revised down revenues to just a quarter of prior estimates — Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.