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Color CEO Bill Nguyen Checks Out Of Day-To-Day Operations, While A New Leadership Team Re-Tools

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http://techcrunch.com – Sources tell us there is turmoil at the executive levels of Color Labs. As you may know, the startup launched with a focus on photo-sharing but quickly became the poster child of Silicon Valley hype after landing more than $40 million in funding but failing to gain any real user traction. In recent months the company’s leadership has been in a state of flux, we’re told — and some are attributing the instability to Color’s charismatic but controversial founder Bill Nguyen. As with any startup drama, there are many moving pieces here. But after weeks of discussions with m (IT news)