Jawbone's demise a classic case of 'death by overfunding' in Silicon Valley

Jawbone's demise a classic case of 'death by overfunding' in Silicon Valley

Hosain Rahman, co-founder and chief executive of Jawbone, speaks at the wearable computing panel during Reuters Global Technology Summit in San Francisco, June 17, 2013. REUTERS/Stephen Lam

Consumer electronics company Jawbone had more than enough money to take on Fitbit and other health-tracking devices in the “wearables” market.

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