Partner Eric Tate addresses common employment issues that startups face, referring to the Fyre Festival, in this Bloomberg BNA article, “Pants on Fyre? Festival Workers Left With Empty Pockets.” “It usually takes a fair amount of time before you can get your product perfected, get past the prototype stage to where you can have a marketable product,” he said. “The notion of the startup flaming out is fairly common in the Valley. When that happens, you have issues with people not getting paid.”
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