I'm just guessing based on the contents of the article, but it sounds like a typical "hard-fist founder-run company" so good luck convincing the founder to not sit on social media and argue their points.
He partnered with some radio program called radradio where the host had a lot of personal issues and the show ultimately got axed. The radio host was known for having issues with alcohol, but they kept partnering with him because he kept shilling their WeFunder. They've raised over $6m in SAFEs but considering they are $9m in debt, haven't broken $100k lifetime revenue after 7 years, and seem to have over a million a year burn rate, it's doubtful that the shares from those SAFEs (if ever executed) would ever be in the money.
Going on a tangent:
Depending on your industry, taking a while to see any revenue is common. Eg look into biotech or the people trying to make atomic fusion a reality.
Debt is just as valid a way to finance your company as equity is. See https://en.wikipedia.org/wiki/Modigliani%E2%80%93Miller_theo... for the theory.
That is true. But Sircles, which appears to be just another social recommendation app, is not in one of those industries.
Yes, Sircles is probably pretty dodgy.
Incredible
Also:
> “Sucks to see how many people take everything they see online for face value,” one Proven employee wrote. “Sounds like a bunch of liberals lol.”
So when a great product is not a great product, it turns out to be great alone for the fact of being built by republicans.
I’ve also seen people use “liberal” as a literal curse word before. On one “reality show”, a member of the cast broke down while highly intoxicated and started screaming at other people saying:
“You’re worse than a beep! You’re a liberal”
It’s insane just how far the political divide has become.
But if your adversary is lying knowingly to everyone saying you are a criminal and should be locked up or deported then I wonder what's there to improve
The game of cooperation only works if you're not playing with someone who is constantly trying to exploit your cooperation attempts
Can you name one time Trump immediately regretted what he said about the Left and explained that it was an overgeneralization? Also again, in Clinton's case it was a single unscripted statement. By contrast Trump has a pattern of calling opponents vermin, the anti-christ, evil, warning of a bloodbath to come... Yea the left's attacks on the right just don't seem nearly as bad especially if it is just being called "deplorable" once. I could write a book that is just hateful Trump quotes. Ganna print it and give it to my son one day as inspiration for how to be an honourable leader. /s
I say all this as a Canadian that would have voted for Trump in 2016 if I could have.
So she wasn't wrong, but saying that out loud was pretty stupid.
As for who’s responsible, there’s plenty of blame to go around. However it’s hard to deny that conduct of one party is far far less professional than the other party.
I honestly think politicians should be thrown in jail for lying. But that will never happen because they’re all too busy being corrupt; the entire lot of them.
> Proven also made a highly unusual request: Would the judge please seal almost the entire court record—including the request to seal?
Tough at first then running away with the tail between their legs. Typical bullying behavior.
> but Proven complained about a “pattern of intimidation and harassment by individuals influenced by Defendant McNally’s content.”
They have to know it's generated by their own lawsuit and how they approached it, right? They can't be that oblivious to turn around and say "Judge, look at all the craziness this generated, we just have to seal the records!". It's like an ice-cream cone that licks itself.
> the case became a classic example of the Streisand Effect, in which the attempt to censor information can instead call attention to it.
A constant reminder to keep the people who don't know what they are doing (including the owners of the company!) from the social media.