Dot.com Daze: Cymerc is dead

by Michael Alderete on 2/13/2001

Today the CEO of my company called an all-hands meeting, to announce that he was 99.99% sure we were not going to be funded, and that we were closing down the business, effective today. It was a shock to all of us; only a few people knew in advance. Supposedly we’ll get paychecks for the first half of this month, and hopefully “severance” pay through the end of the month.

Fortunately, my resume is up-to-date. ;-)

Unfortunately, I have over $3,500 in expenses that haven’t been paid…

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