TokBox, the video chat startup appears to be in trouble as reports state that the startup is firing 50% of its staff. The startup, though had raised around $14 Million in various rounds of funding but has had troubles with its management. TokBox has changed its CEOs thrice in a very short period and there is barely a founder left in its team now. I guess it’s planning out some re-organization and that there TokBox is looking forward to hiring new people.
