Louise Mensch’s social media website Menshn — previously touted as a “rival to Twitter” — is to close in the wake of her co-founder’s widely-publicised arrest on suspicion of viewing indecent images of children.
Luke Bozier writes:
It was widely publicised in the days following the hacking of my private email account that I had resigned from menshn, the company I founded and co-own with Louise Mensch. It wasn’t the case that I had resigned as a shareholder, and continue to retain my 50% of the shares in MenschBozier Ltd. However, Louise and I no longer have anything resembling a working relationship, and she no longer wishes to run a company in which I own shares.
I think we call this sort of business practice summary justice. Louise is judge, jury and god all rolled into one, and made a sweeping knee-jerk business decision based on something written online by a malicious hacker. Alas, I am forced to agree that we don’t have a basis for a working relationship, and frankly no longer wish to hold shares in a company she runs.
Statement to follow, presumably.