Mark Smith
Steve even has sat with distinguished peers on Ernst & Young’s EY Entrepreneur Of The Year Global Alumni Council panel.
Despite this, others say Steve Papermaster is a fraudster?
Others still say effectively that Steve Papermaster is in effect:
incompetent and had "squandered assets".
Specifically, Papermaster and 5 other executives had, according to U.S. Bankruptcy Trustee Marsha Milligan (participated in):
https://4799618.fs1.hubspotusercontent-na1.net/hubfs/4799618/DCPS%20website/Newpoint%20RE/Bankruptcy%20trustee%20claims%20Papermaster%2c%20other%20Agillion%20execs%20squandered%20assets%20-%20Austin%20Business%20Journal.pdf
… spending sprees that bankrupted one of the most well-financed and well-known high-tech startups in Austin.
… breach of fiduciary duty, gross negligence and waste after they”irrationally squandered Agillion’s assets” …
… burned through more than $60 million in less than three years.
…. At its zenith, the company employed about 125 people ….
… “Their revenue was so inconsequential that management never recorded a single dollar in revenue in their internal bookkeeping” …
Despite the poor performance, “…. management (i.e. Papermaster) increased their wasteful spending” ….
Despite earning only a “few hundred dollars…. ” …. opened an office in Australia, which closed six months later.
… entered into a $13 million, 10-year lease (which was) “lavish and unnecessary.”
Tripled the size of its workforce only to lay off many within months.
Is Steve incompetent?
What do you think? send us your thoughts:
More on Steve:
Contact details:
Mobile / cell phone: +1 512 6574248
Email/s: steve@nanovision.com or
sp.confidential@nanovision.com
Linkedin: https://www.linkedin.com/in/stevepapermaster
Whatsapp: +1 512 6574248
Twitter: @spapermaster
Hashtag: #whoisstevepapermaster
Birthdate:
27 September 1958
Signature:
To see other career highlights – view Steve G Papermaster’s profile page.
To see other Associated Companies of Steve G Papermaster’s see his Associated Companies page.
To see Associated Colleagues of Steve G Papermaster’s see Associated Colleagues page.
Do you know who is Steve Papermaster?
#whoisstevepapermaster
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