Quote:
Originally Posted by TheSquealer
I look at it like this... he'll always be that guy who is noble and just and compassionate as a leader. He'll always have those magazine and newspaper articles and covers framed on his wall behind him carrying more weight than 10 Ivy League degrees in the eyes of many. He'll always be that guy that "cares" about his workers more than profits. He'll always find some board of hippy dipshits to hire him.
He borrowed against his own company to buy fame and a future with company funds and his own employees cheered him on as the company faced certain doom as a direct result.
If you think about it... thats actually a pretty neat trick... and a great investment of other peoples money to secure ones own future.
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seems like a big sacrifice, throwing the baby out with the bath water kind of move though. from the tidbits i gathered, it seemed like his business/business model was on track. if it were going in the wrong direction, i agree, a brilliant exit strategy. on the other hand, maybe i'm giving him too much credit, paying himself a million a year on a start-up venture is a massive red flag. this guy is all over the place!