The Turntable.fm Story So Far

“In an e-mail to Stickybits’s investors, the pair explained Turntable and gave them a choice: They could take back what money remained or stick with them. All except one kept the faith. Chasen’s announcement, made the day the staff returned from the winter holiday, was abrupt: The developers, with one exception, would cease work on Stickybits immediately. The business side would wind down client relationships. Left unsaid: All except a skeleton crew would soon leave the company.”
 — An enjoyable story about the path to date of Turntable.fm. It’s also an interesting reminder that entrepreneurs may be “job creators” but also sometimes they lay off everyone along the way.