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argonaut
on Nov 6, 2015
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Famo.us pivots, fires 20 employees
Do you have inside information we don't know about? You know for sure he didn't put his own money into the venture?
stevebmark
on Nov 6, 2015
[–]
No, I have no more information than is in the article, but I have no reason to believe otherwise.
argonaut
on Nov 6, 2015
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If you don't know whether or not the founder put his own money into it, then don't say things like: "I also think it's deplorable that Steve Newcomb went straight to investors for this without putting any of his own money into paying employees."
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