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MoviePassjust keeps shooting itself in the foot.
MoviePass recently discovered a security vulnerability that may have exposed customer records.
Earlier this year, the company was spending an estimated $73 million a month to stay in operation.
They were giving out their passwords and codes, jumping from gear to gear, he said.
Multiple people seeing movies off of one MoviePass card.
Multiple cards, multiple addresses, multiple emails.
We had people scalping tickets.
Furthermore, he contextualized his companys awkward-stage contractions in terms of the trajectory of other disruptive start-ups.
When Airbnb and Uber were starting out, they had these system crashes.
And no one cared because it wasnt in the public eye, he said.
We, unfortunately, were in the public eye nonstop.
And people would just feed on it.
But you know what?
