One of my favorite people in Silicon Valley is changing course. Jeff Nolan, is leaving Teqlo, after a short stint. He left SAP Ventures to do something else at SAP and then joined Teqlo, a mash-up company. I wrote about the company and still think they are onto something big. Nolan, who is the CEO, however is firing himself.
as the single most expensive employee in the company it really doesn’t make much sense to be paying me when 2 additional engineers would do the company far more in the way of value creation.
One thought on “Jeff to Nolan: you are fired”
how is this not jeff deserting his employees high and dry? he doesn’t want to defer his salary for six months which many founders do. and how is this company suppose to get funding when they don’t have a ceo?