Advertisements
in

Selena Gomez’s Mental Health Startup Faces Financial Crisis – What’s Happening?

Selena Gomez’s Wondermind Faces Financial Woes—Backlash Grows Over Unpaid Staff & Startup Struggles!

Selena Gomez’s Mental Health Startup Faces Backlash!
Selena Gomez’s Mental Health Startup Faces Backlash!

Singer and actress Selena Gomez is facing backlash after reports surfaced that her mental health startup, Wondermind, is struggling financially. The company reportedly failed to pay employees and even cut back on health benefits, sparking criticism online.

Wondermind’s Financial Struggles

According to Forbes, Wondermind has been kept afloat by Gomez’s mother, Mandy Teefey, who serves as the company’s CEO. Reports claim that Teefey took out a loan against her home to cover outstanding debts. However, a source later told People that this claim was false.

A spokesperson for Wondermind acknowledged the financial difficulties, stating: > “Like many startups, Wondermind has been working through its own set of growing pains.”

While one missed paycheck has been paid, another is still pending.

Advertisements

Selena Gomez Faces Online Criticism

Despite being one of the richest entertainers, with an estimated net worth between $700 million and $1.3 billion, Gomez has been criticized for her apparent lack of involvement in the company’s operations.

Social Media Reactions

  • “Billionaires billionaring again.”
  • “She started this company but won’t even meet or pay her employees.”
  • “If she’s that invested, she should fund it. Not paying staff is unacceptable.”

What’s Next for Wondermind?

A Wondermind spokesperson assured that the situation has been rectified, and the company is transitioning into a new chapter to continue its mission of mental fitness.

Conclusion

Selena Gomez’s Wondermind is facing financial challenges, leading to missed payments and public scrutiny. As the company works to stabilize, fans and critics alike are watching closely to see how Gomez responds.

Follow Wat-Not on FacebookTwitter, and Instagram

 

Advertisements

Advertisements
Avatar

Written by Nidhish Waghmare

Advertisements
Advertisements

Leave a Reply

Avatar

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

Advertisements
Kylie Jenner & Timothée Chalamet’s Romance Heats Up!

Kylie Jenner & Timothée Chalamet Take a Big Step in Their Romance!

Advertisements