Reply to post: Re: Boy genius

Den Automation raised millions to 'reinvent' the light switch. Now it's lights out for startup

Shevchuk

Re: Boy genius

I was a very early investor in Den. I sold my shares about 2 years ago on the secondary market when it became clear that Yasser was an absolute chancer. I have a long professional history of making elaborate excuses to cover my behind when I haven't done something I was supposed to do, and once I started reading Yasser's 'updates' it was easy to recognise a genius excuse-maker at work. The product itself clearly had many technical flaws, but the biggest issue was the laziness of the management team, rushing to market without testing, and fundamentally a refusal to deal with problems head on. That's bad news for any business, never mind one that was based on questionable technical assumptions in the first place.

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