What I learned from sacking 100 employees and losing $1.5 million
Apr19
on April 19, 2015
at 9:09 am
Vitaliy Rizhkov is the founder of Finic, which helps turn your memories into art. He is running the startup with 100 percent transparency sharing every little detail such as all financials, salaries, hiring, firing, successes and failures on his blog StartupLabs. This post first appeared in Russian on SiliconRus. I started with nothing. I had absolutely no experience with online business. All I knew was that there were a lot of people making good money through online businesses. I wanted to do the same. I had nobody I could ask for advice. When the 2008 financial crisis hit Canada I was involved in building…
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