Report: Cory Booker Ditching His Troublesome Start-Up | Talking Points Memo

Cory Booker, the Newark, N.J. mayor and Democratic New Jersey Senate candidate, is stepping down from the board of the small video aggregation website Waywire, his Senate campaign told Politico on Friday.According to Politico, Booker will be donating his shares in the company — which he recently valued at between $1 million and $5 million — to charity. Booker’s campaign did not immediately respond to a question from TPM about when Booker’s resignation from Waywire will go into effect. Booker’s move comes a few week’s after another of Waywire’s co-founders, Nathan Richardson, stepped down from his role as the company’s CEO.

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