Companies keeping quiet about Canopy – Concern: Sudden changes in leadership took many by surprise

These days, a worried high-tech community speaks only in concerned, quiet tones – if at all – about The Canopy Group http://www.canopy.com/ , a once shining source of Utah venture capital now torn by a rancorous power struggle.

One by one, most employees within Canopy, and at the dozens of companies owing their existence to the Lindon-based technology incubator, refuse to comment. The word is out at Canopy, more than one employee says, that to discuss the company with outsiders – particularly reporters – is to risk firing.

The fear extends to many of Canopy’s subsidiaries, where sources worry that commenting on their investor’s status is to risk unspecified retribution from Canopy’s new chief executive, William Mustard.

By Bob Mims
The Salt Lake Tribune

Full Story: http://www.sltrib.com/business/ci_2547606