And just underneath it: "Westergren himself ran up a $500,000 debt on "maxed-out cards" while he paid bills and as many salaries as he could afford." Having ne

And just underneath it: "Westergren himself ran up a $500,000 debt on "maxed-out cards" while he paid bills and as many salaries as he could afford." Having never run up that kind of debt I don't know how easy it was for Westergren to do that. But it seems to be a lot of operating cost and wages were being covered by personal debt the founders took out during this time. That or he lived a rather lavish lifestyle. While I hate the dishonesty and treatment towards employees it seems like Pandora was guilty of, I think some of the numbers are hyperbolic and while the situation was really, really bad, its not as bad as your comment made it out to be.