Bart Stuck, a founder of California-based venture capital company Signal Lake who said he helped in the formation of InPhase, acknowledged that employees picked up final paychecks but insisted he would help the company work through its financial difficulties.
But employees and internal e-mails tell a different story.
“We were expecting it for a long time, so it wasn’t a big surprise,” an engineer, who asked not to be identified, told the Times-Call Wednesday.
InPhase reportedly bankrupt, may be back after reorganization
Posted on Friday, February 05 2010 @ 21:00 CET by Thomas De Maesschalck