![]() What's happening: Massoumi alleges in his lawsuit that company co-founders (Nick Ganju and Oliver Kharraz) and CFO (Netta Samroengraja) orchestrated a plot to oust him from the company, during a November 2015 board meeting. In other words, it didn't really make waves.It was a bit eyebrow-raising, given the company's trajectory, but the company was already eight years old and Massoumi was to be succeeded by a fellow co-founder.Since that time, Zocdoc hasn't raised any VC funding, and investors Founders Fund and Khosla Ventures have relinquished their board seats.īackground: Massoumi's late 2015 departure was referred to in press reports as "relinquishing his day-to-day role," with plans that he'd stick around as company chairman.It raised venture funding at a $1.8 billion valuation, back when that was still rare, and seemed poised to become the industry standard for physician discovery and appointment scheduling.įast forward: According to a lawsuit filed yesterday in the New York Supreme Court, there was a behind-the-scenes power struggle that co-founder and former CEO Cyrus Massoumi now refers to as a fraudulent "coup." ![]() Five years ago, Zocdoc was one of New York's hottest tech companies.
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |