"After not being paid for almost two months, one employee pushed him on details about the bridge loan holdup..."
Hard to imagine why an employee would work for two months without getting a paycheck. A company missing payroll is generally a sign that its finances are so screwed up that they're not likely to recover. (Any responsible company would lay off employees that it couldn't afford to pay.) When that first paycheck fails to arrive, it's time to walk out the door and start looking for a new job (and file a wage theft complaint for the last unpaid paycheck).
"The checks that did clear were thanks to the small fortune Petty made co-founding Roo Group, a video distribution firm."
Stood out for me and set the tone for the rest of the piece. Investors love to believe that success breeds success, but are there indicators for lightning striking versus a sustained success?
Hard to imagine why an employee would work for two months without getting a paycheck. A company missing payroll is generally a sign that its finances are so screwed up that they're not likely to recover. (Any responsible company would lay off employees that it couldn't afford to pay.) When that first paycheck fails to arrive, it's time to walk out the door and start looking for a new job (and file a wage theft complaint for the last unpaid paycheck).