Gigaom Fired Staff After Struggling With Debt | Re/code
recode.net/2015/03/14/the-long-story-behind-gigaoms-sudden-demise
From the page
Saved with the link. Notes from 2007 to 2016 are mostly the page's own words, so this is probably an excerpt.
But, behind the scenes, Gigaom’s managers and investors had known the company was in serious peril for more than two months. And while they hadn’t discussed it publicly, its backers had been trying to fix the company for at least a year by pouring millions more into the publisher and swapping out executives.
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