Nasty Dot Com CEO - Board Fight
from the not-exactly-on-the-best-of-terms dept
Here's a somewhat amusing article about the fighting going on between the ousted CEO of VirtualFund.com and its board. The Board is claiming that the CEO didn't follow its instructions and used company funds for personal use (including a home arrest monitoring system and flying lessons). The CEO, in turn, is claiming that the Board wanted to turn his idea of a B2B exchange into a porn site. This is why you should hire both Board members and your CEO very carefully.Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.
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