Wasting money loses: Corgi CEO on startup's ₹95 lakh launch dinner

Nico Laqua, Co-founder of AI insurance startup Corgi, said that he recently heard that a startup spent $100,000 (nearly ₹95 lakh) on their launch dinner. Criticising it, Laqua said, "Early Amazon used doors as desks to save money, frugality wins and wasting money loses." He added, "[Corgi's] early engineers spent their work trials collecting furniture from all…startups that went under."