Ever Heard of the Crunchpad?
It was supposed to be a headline-worthy cooperation between the world’s arguably most popular tech blog and a Singapore startup. Now it’s all going downhill. Why and how it came to this stage nobody will know for sure, as Arrington puts it, “Ultimately there are two sides to every story…”
But, if it were the case as Arrington described, the “shareholders” deserve this ending. Why squander away a chance to launch a product in a larger market by leveraging on a famed tech blog’s name and instead choose to have the whole of a much smaller pie? If greed was really the cause, I hope Arrington wins the suits against Fusion Garage.
But Fusion Garage deserves a chance to voice their side of the story. Maybe we’ll get to see something on Straits Times to hear from them what exactly transpired. I hope it’s not because they are unable to produce the software – I really look forward to a successful Singapore tech startup make good internationally.