“F-stop makes great products… unfortunately, those great products are never in stock and there is a deep rooted reason why that is,” my contact told me. “The company is run by a man of many faces. A narcissist that, to put it simply, got lucky with a good idea from a former partner and a good team that helped him build a powerhouse in its respective niche segment.”

“Over the last few years, things got to his head and he started living an unsustainable lifestyle, hemorrhaging company funds to feed his expensive travel habits that included flying business class all over the globe, 5 star hotels, and outrageous dining/bar tabs. He also used company funds to start up multiple side businesses doomed from the get go.”

“It didn’t matter what his team said, if you didn’t respect his wishes, he would shun you and cut you off, eventually forcing you out of your position. Most of the real workers earned the bare minimum salary, living paycheck by paycheck, making it hard to walk away as they were essentially signed on as a false promise of things to come.”

“The man is a great salesman. Socially awkward at times, but a great talker. He can convince you to question yourself and often stumbles on his own lies. Unfortunately, that’s about all he can do. He shifts gears and jumps projects so often, he couldn’t get anything done. Everything that business professionals say not to do, he did it. If you asked him if a project was a failure, he’d pin the blame on an old employee and deny it was his doing.”

http://resourcemagonline.com/2016/08/an-inside-look-at-f-stop-a-bag-company-falling-apart-at-the-seams/68877/

Perfect example.

Reasons cited in article are also very funny, as they ignore market state and big competition present now.