Stumble it! 
James Hong, one of the founders of the popular 6 year old picture rating site, came out and spoke about the reasons behind the recent overhaul of their business model. You’ll realise that it’s a piece written from the heart, straight to the point and without beating around the bush.
I have always admired James and Jim for their independence and simplicity…and now for their honesty.
James touches on two things: The state of the online advertising market and the general entrepreneurial setting. He also relates his experience regarding employee policies, hiring, and competitors.
Previous post about Hotornot here. Techcrunch coverage here.
