Not really sure what to say, this sounds like a normal business that suffered inter-personal issues with the founders and new 'investors'. This is pretty common in my experience.

Investors get weary when they start to notice slow growth, lax management etc, and so issues will eventually arise and they blaming the founders / management.

Regards,
John K.

On 19 November 2015 at 12:57, David Njuguna via skunkworks <skunkworks@lists.my.co.ke> wrote:
The article seems rather bias. While I sympathize with founders losing control of their company, I think they should focus their energy on doing something positive and not this propaganda war.

They could cash out and build a new start-up. Life is too short.


On Thu, Nov 19, 2015 at 12:42 PM, Brian Maiyo via skunkworks <skunkworks@lists.my.co.ke> wrote:
Anyone else find it weird that this list is totally mum on this issue. 

On Thu, Nov 19, 2015 at 8:20 AM, Brian Ngure via skunkworks <skunkworks@lists.my.co.ke> wrote:

Why invest in a company if you don't trust the founders/owners to run it?

Maybe because what you wanted from the start was to kick them out and take over?

On 19 Nov 2015 5:51 am, "Kiti Chigiri via skunkworks" <skunkworks@lists.my.co.ke> wrote:

I will just leave this here...

https://medium.com/@brendawambui/corruption-in-the-silicon-savannah-9e393a00aa0e


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