MC Insider: Banker out of work, newest IPO, insurance deal buzz and more


Hiring is hard amid the unprecedented funding boom for startups but even harder for this company, which has been witness to some crucial exits since inception. With the company losing a key leader and team members just ahead of its delivery deadline, its aggressive founder vented his frustration at a talent acquisition executive. We heard he was given a 48-hour deadline to find a replacement for the crucial role. The HR exec was flummoxed and told the founder that it will be impossible to fill such a unique and senior position in such a short time. “If you can’t do even this, then run four rounds around the facility,” the brash founder apparently said, hitting out at the executive. Last we heard, the HR executive quit. As for those critical positions, they continue to be vacant.