[Gamers Nexus] EK is Imploding: Not Paying Employees, Partners, & Suppliers | Investigative Report
[Gamers Nexus] EK is Imploding: Not Paying Employees, Partners, & Suppliers | Investigative Report
Honestly never heard of the company, but yeah... everything this guy said. If you start a company and have cash flow issues, don't wait to fix that, and don't fuck your employees and suppliers out of money. Somebody was doing something fucky here.
Great workup and good job tracking down leads though.
EK has been a major player in the water cooling market for a long time. They practically invented full coverage GPU blocks and they regularly place in the top spots for cooling performance of discrete loops (their AIOs aren't bad, but they also have fierce competition in that space).
That said it's disappointing to see how far they've fallen. It seems like EK entrusted running the business to the wrong guy and they're stuck in a death spiral now. It's unfortunate that EK isn't handling the fallout of that better though. If he had come out with a strong response following the firing of the CEO rather than acting like he has nothing to do with it this would all be playing out very differently.
Their CEO probably has a non-disparaging clause in his contract or exit agreement
a lot of their aio competition also sources parts from them also
Reminds me of what bitwise industries management did to their employees and customers.
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