alt Hacker NewsThis might not have happened if Mullenweg hadn’t sued his competitor, then went off the deep end and hurt everyone.
Replies
DannyBee • yesterday at 6:10 AM
I think this is a bit unfair.
Who among us can really say they haven't gone off the deep end, burned every drop of good will that ever existed towards them and their projects, sued a competitor and got hilariously burned by the judge, all while burning hundreds of millions of your companies value (blackrock marked them down 10%, which is 750 million)
This is just a normal thing that happens. It could have happened to anyone.
ceejayoz • last Wednesday at 9:16 PM
It may also have been part of his reason for doing so. Panic/desperation.
Another interpretation would be a common cause for both this and the litigation, i.e. pressure to improve financials.