There's always two sides to every story, but from what I've heard (from both sides), there was some shade shit that was going down amongst some of the employees. I'm not saying that The company wasn't poorly run, cause it obviously was, but it doesn't seem like that's what caused its closure. If ask more questions before you jump to conclusions. Where the their clients go? Where did their top employees go? Who's dating who in that circle? I dunno. Some things just don't add up.
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