Stories have begun to leak out about the behavior of Aliph co-founder and CEO Hosain Rahman. Among the most telling is the company’s lavish spending in the middle of the biggest downturn in decades.
Sources say that to outfit the startup’s new offices on Rhode Island Street in San Francisco, Rahman recently ordered $500,000 in new desks, lamps, and conference room furniture from a high-end contemporary furniture maker. To prepare for the bounty’s delivery, all staff were asked to pack up their offices and workspaces on Thursday, October 30th.
But one-third of Aliph’s staff, or 25 employees, never unboxed their belongings. They were laid off the next day, and asked to turn in their Blackberries and laptops. Everyone, from administrative assistants up to directors and VPs, was given two weeks severance."