New York-based daily deal API service Sqoot may not be able to recover after the worst startup PR crisis in recent history. Sqoot just lost the majority of the sponsors for an event it is hosting called Boston API Jam. The event, which was supposed to take place March 31 – April 1, may not be able to happen as planned if all sponsors pull their support. In the event copy, Sqoot listed the following perks to attending the event:
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