Thursday, November 2, 2017

Startup.com

The movie was very interesting, we watched a company start from the bottom and make their way to the very top. The employees and the founders  worked their butts off to get where they got. It started out as three friends fresh out of high school and ready to take on the "real world".We had Mr. Kaleil Tuzman, Tom Herman and Chieh Cheng. one of the founders (Chieh) withdrew himself from the business when it started to come up, and actually it turns out he made the most money out of them all. As the movie progressed they start gaining more and more employees, started with 8 jumped to 50 and lastly landed at a whopping 120. We can all assume that they started making lots of money because they were able to hire so many employees. These weren't MINIMUM WAGE employees neither these were people that are educated and know technology. 

As the number of investors kept climbing relationships were becoming vulnerable. Kaleil started to become the highly favored CEO as he was invited to speak about his company in a meeting with former president Bill Clinton. I could tell that Tom was getting jealous, he started to lose a say in things that were going o in the company. The board decided that they wanted to let him go well actually they first gave him an option of paid leave. I do not know whats wrong with him i would have taken that and found me a new job while still receiving checks from govworks, but HEY that's me. So yeah he refused to take that leave and wouldn't leave until it was written that he was fired. He eventually  got the note he wanted so badly and wanted a cash settlement (which he did not get).

Moral of the story the internet stocks crashed and govworks ran out of money to pay they're employees and everything else. They had lost their investors and everything they started. It was fun while it lasted.

4 comments:

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    1. Wow so you must be from our class or maybe the professor himself. Maybe even someone sent to spy on his class lol

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