Failed coup leads to nice payday for Kadoink founders
Founders of social mobile site Kadoink, Billy Waytena and Eric Stone have apparently been given the boot after a failed attempt at a coup against the hired-gun CEO Scott Cahill.
According to a Valleywag story, the two attempted to oust Cahill, but ended up leaving the company after the board reportedly sided against them.
Fortunately for “Billyway” and “Stone” (as they are labeled on Kadoink’s about page), they’ll be leaving the company with a 1.5 million dollar payoff.
Check out Kadoink’s page to see why they’re getting the better end of this deal.

