I feel like this is a issue in the Tech startups these days, a lot of show and followers to get VC and other investors behind you based on likes and clicks. It a scary place that companies traded loose a billion dollars a year and valued at what it could be or may be down the road. He had a good thing started with $400 and was more worried about his ego. Now some small time people are out money, he and the board should be held accountable for something.
This company was unraveling from day one. Managed by ego rather than sound business strategies of quality and service, Homepolish is a classic business school study in What Not To Do. P.S. I never even heard of this company so all that spend on marketing was not very effective.
definitely good insight into the difference between what looks successful and what is successful.
my takeaway: always be genuine; ask for help when you need it; hire your weaknesses; don’t be greedy; instagram is where fake people go to lie.
"Instagram is where fake people go to lie."
Tremendously pithy line. I feel like whenever I read about a fake-successful business nowadays, they always have a brilliant Instagram profile.
Worth a read if you're interested in Key-person Risk