Hacker News new | ask | show | jobs
by thrill 1936 days ago
Can't reply to @hnaccy for some reason.

Because I was young and stupid and once I'd accepted the board seat I refused to quit just because I'd go broke. I eventually (after a couple of years) got my expenses back, but not my time or stock losses.

Edit: I haven't thought about this in awhile, so some things popped back, and this part sounds a little emotion-seeking. After I put out a press release about me taking the CEO position and the situation, I got a phone call from what was obviously a very old lady with difficulty speaking. She told me how her broker had encouraged her to invest in the stock, and that it was all she had. I was able to get the SEC to give me a printout (on wide perforated line printer paper, for those that remember that era), and there her name was, with near a million dollars lost. I felt really bad for her, and I had energy and an overprotective nature not yet beaten out of me at that point. Hence the adventure, but with minimal success, other than the jail time for the former CEO. I did get a nice piece of blown glass artwork as a "thank you for the effort" that I quite treasure from an artist famous at the time for making White House Christmas decorations - it sits in my home office.

2 comments

Wow! That must have been a fantastical experience. I bet you could spin it into a script for Netflix.
Yes, I’d watch this movie.
OT/meta: Sometimes on very new comments you have to click the timestamp in order to actually reply. I believe it's in order to prevent (rather, somewhat slow down) flame war threads.