The company was owned by a single founder, the board was an advisory board with no real teeth, advisory board made up of good ole boys. The company folded early

The company was owned by a single founder, the board was an advisory board with no real teeth, advisory board made up of good ole boys. The company folded early last year due directly to her management decisions, preceded by 3 other execs leaving, they all cited her decisions in their resignations. Sad because the product was coming along nicely, product market fit, positive feedback from customers, etc. I think the owner was just old and burnt out combined with a bit of "control all of a little rather than a little of a lot" syndrome.