Two British tech entrepreneurs who led an event and travel startup that was worth as much as $800 million spent hundreds of thousands of dollars on drug- and alcohol-fueled parties and ran a “frat boy” culture rife with sexual harassment before the company imploded, according to a report.
Callum Negus-Fancey, 32, and his brother, Liam, 29, founded Verve, a company that bundled music festival tickets with stays at luxury resorts that included concerts by headliners such as Justin Bieber, 50 Cent, and Scooter Bran. The company’s name was later changed to Pollen.
Pollen, which was based in the United Kingdom but had an extensive presence in the United States and Poland, raised more than $200 million from venture capital firms. It filed for bankruptcy in August.
Former employees of the firm told the news site Insider that the brothers spent extravagantly on massive parties that included widespread alcohol use as well as consumption of drugs such as Ecstasy, acid, cocaine, ketamine, and mushrooms.
“It was harder to not find drugs than to find them,” one former Pollen employee told Insider.
In May 2019, the two brothers staged a five-day glamping festival replete with acrobatic dancers, DJs, and contortionists at a camp-out site in Mendocino County, Calif.
The event, which was to celebrate a $30 million infusion of venture capital funding, cost the company $500,000, according to Insider.
Pollen executives inculcated a party culture within the company, where it was routine for staffers to take shots of hard liquor during working hours, former employees told Insider.
“I just remember getting to the office at like 10 a.m. and taking shots, and it’s like a Tuesday,” a former employee told Insider. The employee said that during his second week at the company, he was told to embark on a daylong scavenger hunt.
Another woman who was hired by Pollen when she was 20 years old said that on her first day at work in the company’s Los Angeles office, she was served mimosas.
“I would describe it as a frat, but a job,” she said.
“And at 20 that was great because I was like, ‘Oh my gosh, first job out of college, it’s just a party.’”
The Post has sought comment from Pollen. A company rep told Insider that only those who were of legal drinking age were served alcohol.
Former employees also alleged that during retreats they took part in “speed dating” games in which staffers asked each other sexually explicit questions, including: “Of the people in this room, who do you think is most likely to sleep with three other people in this room at some point in their career?”
Another flash card that was used during the game included the question: “Would you rather be a virgin forever or have sex with your sibling one time to break the curse?”
Ex-employees told Insider that while participation in these “games” was optional, they felt as if they were required to take part in them.
“If you didn’t engage with it or laugh about it, then you were seen as not fun and not getting involved,” one former employee said.
Ex-staffers also told Insider that Pollen would rent out karaoke bars and roller skating rinks for so-called “lock-in” parties.
The “lock-ins,” which were ostensibly team-bonding experiences, were viewed by employees as a pretext to “get completely obliterated.”
At after-parties in LA-area residences, cocaine was freely passed around — an allegation the company denied.
