I heard Loyyal failed because these people took huge salaries...

I heard Loyyal failed because these people took huge salaries while promising revenues that never delivered over many years. The VCs saw through the BS and stopped funding them.

It’s just like Reffind just look at the annual report. I wonder if Reffind wants to bet paying these people huge salaries again so they will promise future revenues one more time for an IPO then cash out and skip town? They’ve put their names into the Reffind ring publicly so these four people must be just like Reffing people - huge salaries, no revenue, CRs forever