I stopped reading after this...

"None of these problems should have been unassailable, which leads us to why NewsLabs failed as a company:

     * Nathan and I had major communication problems,
     * we weren’t intrinsically motivated by news and journalism,
     * making a new product required changes we could not make,
     * our motivation to make a successful company got destroyed by all of the above.

Overall, the most important of these are that Nathan and I had difficulty communicating in a way which would allow us save the company, and that this really drained out motivation."

Maybe you should figure this shit out before you take someone's hard earned money.