> They were perennially going to go public "in six months or so".

Heh... I once worked somewhere that they promised to get us healthcare in 6 months, every 6 months. Their refrain was, "soon we will be the Google of Healthcare!" (I quit 2 years ago, they still don't offer health insurance, but according to my poor schmuck friends who still work there they still claim it is just around the corner).

This company also had friends of the owners come in and fake sit at the desks and pretend they were working when potential clients would walk through so it looked like we were full staffed at 50 people when in reality there were only 20 of us.