Detailed text transcripts for TV channel - MSNBC - 20150315:11:35:00
About trying to find that market fit. >> with very limited traction and their funding all by gone tom and ian were running on empty. >> there were some dark times. we were trying to sell the company. we were getting close, but we weren't getting any offers. we knew that the clock was ticking down. yabbly, the original idea was not working. >> finally, they made a deal to sell what remained of the business. and take what they could get for their investors and employees. >> we were planning a, what people call a soft landing. which is kind of a mercy killing for a start-up. but we said look it's...