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How 'visionary' raised - and lost - a fortune (sfgate.com)
10 points by kqr2 on Dec 7, 2008 | hide | past | favorite | 1 comment


As an employee who worked at Pay By Touch, I can say this is a fantastic profile. Drugs, sexual harassment, crimes and hundreds of millions of dollars lost.

Pay By Touch's biggest problem was too much money. It chased a lot of initiatives at once and collapsed under its own weight. It really needed to be smaller and more focused.

I've did a post-mortem write-up here: http://bhc3.wordpress.com/2008/03/19/farewell-pay-by-touch-f...




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