Liz Gannes

Recent Posts by Liz Gannes

Confirmed: Co-founder Peter Pham Leaves Color

Peter Pham, co-founder and president at the social networking start-up Color, has left the company, as was first reported by TechCrunch.

Pham confirmed his departure in an email but declined to comment further.

Color co-founder and CEO Bill Nguyen said of Pham, “I wish him the absolute best. He’s really good at deals. For a company that’s on the verge of being able to use distribution to scale he’s going to be amazing.”

Nguyen said Pham and Color had parted ways more than a month ago.

Color counted seven founders when it launched in March, with Nguyen and Pham the most prominently featured (see our video below; in the screenshot above, Nguyen is on the left and Pham on the right).

The launch was widely seen as a bust, in part due to the Color app’s inscrutable interface and problematic lack of content when used in isolation. Negative perceptions were especially compounded by the fact that Color had raised $41 million before even releasing a product.

Tonight, Nguyen downplayed any broader problems, and said Color has continued to hire and has new launches on the horizon.

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I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik