Founder Shocked At Bankruptcy

from the amazing dept

One of the founders of the spectacularly failed has now come out with a book about the experience. The company was known for wasting money with incredible ease, horrible management, and no idea on how to create a website that people actually wanted to go to. It sounds like there are some very funny quotes from the book. Apparently, the founder wants to defend some of the moves they made, and explain how they weren’t really wasting money. However, comments about how often they flew the Concorde (which they found “cramped” when compared to a Lear jet) don’t help. Here’s another article that has some more ridiculous quotes including the fact that he was “shocked” when the company declared bankruptcy.

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