Just saw this today :: http://www.mumbrella.asia/2016/11/hooq/
Senior staff churn at Hooq put down to startup growing pains as OTT firm parts ways with CSO
What does parts ways mean anyway? I won’t get into that line but man the spin machines are running on high speed today.
Startup spends lots of money recruiting good talent.
CMO from Flipkart
CTO from Spuul (okay not a big name)
CSO from NatureBox and Netflix.
CFO from Electronic Arts.
CTO gone. CFO gone. CSO gone.
See a pattern here?
Lots of middle management and worker bees gone as well. Lots.
I myself have never seen churn like this and it is not about being a startup.
Sad. It could have been much more.