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Wind case for founders when Yell purchases Moonfruit.
One London businessman who was compelled to lay off employees in their website shop to conserve cash today was selling it for up to 23 million pounds. However, when the technology blister blew up, they were compelled to fire their 60 employees, among them Tan-White's mother-in-law. Mr White joined McKinsey and only returned as Chief Executive Officer in 2004 when Tan-White went on parental leave. In 2004, he became Chief Executive Officer of McKinsey.
"There was so much juridical material and work before the transaction that led our teams and our investor's that it was stunning, but this mornin' the day is out, we all do. Today Moonfruit has a staff of 40 people working in an HMV offices on Oxford Street.