Mismanagement at the top of the company was a major issue, according to nine former employees that Business Insider has spoken to over the last three months. Fling owes hundreds of thousands of pounds. You have successfully emailed the post. No one had sight of what was in the accounts. The email from Apple to Fling. After failing to secure the funding it needed to continue, Fling quietly shut down in Augustbased on bankruptcy administration documents submitted to Companies House by Unii Limited. At this point, Nardone's Italian father, Remo Nardone — a man in his eighties and Fling's biggest investor — stepped in to try and cool the situation down, one of the employees said. In person, Nardone was hyper, ambitious, and volatile, our sources said.
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With staff leaving and money running out, Fling started to run out of options. The CEO turned up in the middle of the night with two women that staff had never seen before and took them into a room, according to three former employees.
Nardone kicked other male users off the platform who posted inappropriate photos of themselves on the app. As the finances dwindled, Nardone stopped using and paying for the Fling content moderation team in the Philippines. They all quit, and they actually weren't that often at the brunt of his wrath.
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Nardone would regularly walk around the office with his shirt off, according to multiple former employees. Marco Nardone pictured with colleagues in Ibiza.
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As the finances dwindled, Nardone stopped using and paying for the Fling content moderation team in the Philippines. But his son didn't react well. For 19 straight days, Fling's team worked all hours of the day and night trying to build a new version of the app that met Apple's guidelines. In Septemberthree months after the app was released, a moderation team was hired in the Philippines to vet photos on the platform. Marco Nardone and the Fling campus tour bus.
In addition to throwing a Pret a Manger baguette at his father in the board room, Nardone also threw a cup of miso soup at his head of design in front of the whole office, one employee said, while another said that he threw chairs around the office as well.
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He found out while having an unrelated a conversation with a would-be venture capital investor.
He had an amazing network of very, very high net worths from all of the world, including many Italians. The bankruptcy administrators wrote that Fling struggled to raise further capital as a result of its "legacy issues," which included, but were not limited to, "senior management who left the company after Apple App Store removal, high overhead costs as the company owned and had developed 10 other products not solely the Fling applicationas well as low product growth and retention.
Nardone shouted and swore at Osmond before squaring up to him as if he was about to do something more, said two former employees. InNardone set out to build a social network for students called Unii from an office on Berkeley Street in London. He did not explain his logic for sending the screenshots.
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|The CEO turned up in the middle of the night with two women that staff had never seen before and took them into a room, according to three former employees.
Lomas later updated her story to say: London-based Resolve Ltd was appointed as the administrator on August 26,by Nardone's father. The same former Fling employee said: After failing to secure the funding it needed to continue, Fling quietly shut down in Augustbased on bankruptcy administration documents submitted to Companies House by Unii Limited.