FriendFinder IPO Delayed As Developers Mutiny
VALLEYWAG -- June 27 -- The effort to migrate
into an online publishing and social networking powerhouse is being
hampered by developers dissatisfied with working conditions and an
inability to hire new staff. An internal email obtained by Valleywag
features Anthony Previte scolding the mutineers for disappearing from work
early and being insubordinate. This news might put off the investors
necessary to bankroll the company taking itself public — assuming the
rumor that the big money has already demurred, delaying the planned
$250m IPO, isn't true. FULL ARTICLE @ VALLEYWAG
