A Founder of Secret, the Anonymous Social App, Is Shutting It Down - NYTimes.com
▻http://www.nytimes.com/2015/04/30/technology/a-founder-of-secret-the-anonymous-social-app-shuts-it-down-as-use-declines.
the news had broken that David Byttow and Chrys Bader, the founders of Secret, had sold part of their stake in the company for $6 million and that Mr. Byttow later bought a Ferrari. The founders did not initially tell the employees about the sale; instead, some of them found out on Secret.
Although Mr. Byttow and Mr. Bader reassured workers at the meeting that they were dedicated to the company, it was a turning point, said people close to Secret, who spoke on condition of anonymity.