Help Me With Sign California Banking Presentation
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In an interview in the March issue of The Washington Post, the company's vice president of marketing, Matt Stoyne, said that his team had tried "different ways" to implement the system.
But a source familiar with the situation said the new system will be available "at launch." Stoyne did not respond to requests for comment about the new system when contacted by eWEEK Friday morning.
The company, which has raised $50 million in funding as of April 30, has had a rocky few months with its investors concerned about potential missteps, according to several people who have been involved in those talks. Stuyvesant has had a string of high profile executives leave since early 2013, including CEO Eric Schmidt in 2013, former head of operations and finance Chris Korman in February 2013 and head of finance Mark Coyle in October 2012.
At that point, Stuyvesant had a new CEO and team, but it wasn't until March of this year did the company hire Mark Gubelman of the venture capital firm Andreessen Horowitz, a person familiar with the company's finances said. Gubelman has a background in finance and tech investing through his venture capital firm.
"Mark came in with a clean slate, with the idea of doing things differently."
In an interview with eWEEK earlier this month, Gubelman, a co-founder of the hedge fund Gubelman and Co., said he would look for ways to "diversify" the company's focus away from the consumer business and "into technology," which he said would be the company's "bre...
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