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BloomThat acquired by FTD, “Uber for Flowers” sold cheap

Scale doesn’t come easy, as flower delivery startup BloomThat has found. The company, which reportedly has lowered its burn rate to just $15,000 a month after raising $7.5 million nine months ago, was purchased by FTD. TechCrunch said the company was purchased for “a small amount of money.” BloomThat has struggled to acheive scale, or […]