This was in 2008. When the financial crisis was happening and itbecame much more difficult to raise money. By transforming from agaming/virtual currency company with unkown prospects to a servicebusiness, Michael guaranteed that the company would remain afloat.When you have a service business (I had a website developmentbusiness in the 90s so knew from experience) you can stay afloat byhiring and firing as needed when clients are added or dropped. The problem with a service business is that you are only asvaluable as the people who walk out the door every night.
Mike knewthis so
Mike knewthis so