Two high-profile board members at the anonymous social media app Whisper have departed in recent months amid an unusual effort by the start-up’s co-founders to take back control of the company. Sequoia’s website lists the name of an investment partner alongside seemingly each company in its portfolio, except Whisper. Whisper also solicited investment last year from magazine publisher Time Inc. and the ad agency WPP. Investors on the board and the co-founders are believed to have disagreed over the company’s direction amid slowing user growth, sources said. Whisper initially charged users to send direct messages to other users on the app.
Source: Los Angeles Times August 29, 2017 18:00 UTC