$35M-funded Omni rentals in acqui-hire talks with Coinbase

$35M-funded Omni rentals in acqui-hire talks with Coinbase

5 years ago
Anonymous $MUlyiGRWxa

https://techcrunch.com/2019/10/04/omni/

Physical storage-turned-rentals startup Omni is dealing with layoffs today, two sources familiar with the situation tell TechCrunch. Omni just shed seven operations team members. The startup is in talks to sell its engineering team to Coinbase after also receiving interest from Thumbtack.

Omni’s rental business was doing poorly without enough users paying a few bucks to borrow a tent, bike or power drill. Omni had planned to launch a white-labeled platform allowing brick-and-mortar merchants to operate and market their own rental business.

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