Chaos and confusion reign at hyped startup Color
Color Labs, according to a representative authorized to speak on the company's behalf, is not closing down.
But for now, that's about all that's clear at the chaotic startup that is Color. Even the representative who issued that statement said he's dealing with the press only because the person who held that job just left the company.
His statement comes after Venture Beat this morning reported that a Color vice president had sent an e-mail to employees saying that Color was winding down. "Last week, the Board and major shareholders voted to wind down the … Read more