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Canopy Financial files for bankruptcy. Still no answers on how this happened.

December 1, 2009 Tech View Comments

In the latest turn of events at the surprising management disaster at the healthcare banking service company Canopy Financial , the San Francisco startup has filed for Chapter 11 bankruptcy. What is surprising in this case is that well-known and respected Silicon Valley venture capitalists and others provided money and oversight to this company, even as the company tumbled out of control under their noses.

3ca105496eancial 150x47 Canopy Financial files for bankruptcy. Still no answers on how this happened.

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Canopy Financial files for bankruptcy. Still no answers on how this happened.

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