What happened at madwell????

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Owners lived lavishly, couldn't afford to pay workers, went bankrupt, dunzo.

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There are a bunch of threads on this - the short story is the the co-founders got into a legal battle last year and once they settled the remaining founder Chris Sojka burned the company to the ground by buying a $17.5m jet, spending millions on shoots and personal luxuries, etc. All while not paying employees or vendors. Adweek has about a dozen articles and some podcasts on it,

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google adweek, madwell

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👆

Well, they went mad.

I listened to the CEO’s interview (was in a post somewhere on here earlier)… he sounded really silly in that interview.

But I thought they were slowly digging out of a hole. Or are they done done now?

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