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by ekabod 926 days ago
How do you know this startup didn't need this deal to survive or advertise itself?
1 comments

I definitely don't. I just read the article and went "Whoah is he just openly cutting himself a check?" and it does not seem that way. If I were him, I would recuse myself from the whole process due to my investment, but we have no insider knowledge of how it went down. I've really been unhappy with the transition from nonprofit to for-profit subsidiary, so obviously I disagree pretty thoroughly, but fundamentally this deal isn't immediately disqualifying.

I do wonder if this kind of thing was related to his ouster-and-return, but it happened in 2019 so it would need to be a pattern of behavior beyond what we see in the article.