Pros
I cannot think of many
Cons
TO INVESTORS (POTENTIAL AND CURRENT): I am a student of startups, I have read the articles and the books, I have worked for over 30 startups in some capacity (including Leap). I have never been so sure that a startup will fail than at Leap. I feel very bad for those who lost their money investing in the company thus far, for the customers (several brands went under due to the financial strain that Leap had on their businesses), and for the people that I hired to work at this toxic cesspool of a company. Amish Tolia and Jared Golden are derelict fiduciaries and pernicious people managers. I am writing this because they should not be able to manage people or investor funds ever again. *The company will fail, first and foremost, because of Jared's micromanagement leadership style and because Amish is too afraid of hard decisions to move him out *Leading up to the current fundraise round (C Round), the company stopped paying invoices to vendors in order to artificially inflate cash on hand *Many metrics (including cash burn) were falsified in investor materials for B and C round *Why can't Amish and Jared recruit anyone who has worked with them previously? Nobody would ever choose to work with them after working with them once. Ultimately, building a startup requires an army that WANTS to go to battle for YOU. Jared and Amish have lost the hearts and minds of the people. They will never be able to inspire mobilization. The only things they will inspire are lawsuits and rancor.
