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It's slightly scary how much power blogging has. This is an example of a single blog post effectively killing a startup.

You can't quite reduce it to those terms, since without the misdeeds, nobody could've written a blog post that killed the company. But you have to admit, it's very different from the old days.



> This is an example of a single blog post effectively killing a startup.

To be fair, the blog post in question provided detailed allegations of the CEO committing multiple felonies.


It is scary but its not unprecedented. Journalism has a long history of taking down people where it is warranted. Look at Watergate.


As the author of the piece, I too was surprised at how similar the DOJ Indictment and the former employee's piece were in detail. One might deduce, that simultaneously with the publishing of the blog in Medium, she made a call to the Feds re the forged wire transfers (a criminal act).




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