CEOs of crashed tech upstart Bitwise accused of swindling $100M from investors - Duo paid themselves $600K salaries as the cupboard was emptying::Duo paid themselves $600K salaries as the cupboard was emptying
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What do you want to share using the anonymity of this platform?
I don’t know enough to even ask a good question.
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Dumbest thing you saw/ heard while working there?
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Sounds like you worked at Entertainment 720
Nero playing music as Rome was burning kinda thing.
That’s surreal for sure.
Sounds like something right out of Mike Judge’s Silicon Valley series.
There was a DJ over there for weeks on end. Like every day, DJ was out in the parking lot. It was surreal coming into the job and wondering why the were paying for a DJ to come to a mostly empty parking lot/building.
I mean, wut? But like ok. But also wut.
Boardroom:
- people will like coming into the office if we create a fun atmosphere
- like a party!
- we can’t have an actual party
- ok, how about a DJ
HR, legal, and so on: they can go in the parking lot.
Weeks later an admin is told to book a DJ, I don’t care what it costs but they have to work in the parking lot.
DJ has to be set up in the parking lot but will only do it if they can be there all day otherwise too much set up and take down.
Ok, if they have to be here I want them playing all the time. Otherwise, we are wasting money.
Contract shows up with “daily, renewed every month unless 30 days written notice.”
And so on.
Absolute legend
Was it obvious they were indulging while they could or did it seem like they were trying to make it work? Just curious.
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most of these CEOs are fucking criminals one way or another, more money less (legal) risk
