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How Lummo (formerly BukuKas) collapsed despite pivoting 4 times in 4 years?
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In this episode, we’ll be diving deep into the story of Lummo (formerly BukuKas) an Indonesian SaaS Fintech startup, once hailed as a game-changer.
Backed by some of the biggest names in tech, including Jeff Bezos, Sequoia Capital, and Tiger Global, Lummo seemed destined for greatness, yet formally announced liquidation in late 2023.
We will unravel key reasons of shutdown, and critical lessons for every entrepreneur.
#startupshutdown
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