Who is Steve Papermaster?

who is steve papermaster?

Steve claims to be a technology entrepreneur and public policy expert who is highly experienced in founding, growing and funding innovative technology companies around the world.

Steve even has sat with distinguished peers on Ernst & Young’s EY Entrepreneur Of The Year Global Alumni Council panel.

Despite this, others say Steve Papermaster is a fraudster?

Others still say effectively that Steve Papermaster is in effect:

incompetent and had "squandered assets".  

Specifically, Papermaster and 5 other executives had, according to U.S. Bankruptcy Trustee Marsha Milligan (participated in):

… spending sprees that bankrupted one of the most well-financed and well-known high-tech startups in Austin.

… breach of fiduciary duty, gross negligence and waste after they”irrationally squandered Agillion’s assets” …

… burned through more than $60 million in less than three years.

…. At its zenith, the company employed about 125 people ….

… “Their revenue was so inconsequential that management never recorded a single dollar in revenue in their internal bookkeeping” …

Despite the poor performance, “…. management (i.e. Papermaster) increased their wasteful spending” ….

Despite earning only a “few hundred dollars…. ” …. opened an office in Australia, which closed six months later.

… entered into a $13 million, 10-year lease (which was) “lavish and unnecessary.”

Tripled the size of its workforce only to lay off many within months.

https://secureservercdn.net/166.62.108.196/ezh.f6b.myftpupload.com/wp-content/uploads/2022/02/Bankruptcy-trustee-claims-Papermaster-other-Agillion-execs-squandered-assets-Austin-Business-Journal.pdf

Is Steve incompetent?

What do you think? send us your thoughts:

More on Steve:

Contact details:

Mobile / cell phone: +1 512 6574248

Email/s: steve@nanovision.com or

sp.confidential@nanovision.com

Linkedin: https://www.linkedin.com/in/stevepapermaster

Whatsapp: +1 512 6574248

Twitter: @spapermaster

Hashtag: #whoisstevepapermaster

Birthdate:

27 September 1958

Signature:

To see other career highlights – view Steve G Papermaster’s profile page.

To see other Associated Companies of Steve G Papermaster’s see his Associated Companies page.

To see Associated Colleagues of Steve G Papermaster’s see Associated Colleagues page.


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