[zkinion]

How do you know the full story of it? A lot of startups in the valley now are totally dicking their employees out of equity and doing "firing layoffs" instead of really laying people off.

How do you know that journalspace wasn't being shady and screwing them in some kind of contract or negotiation gambit?

I can think of quite a few startups these days that deserve a similar fate to happen to them.

Journalspace sounds like one of an army of web 2.0 startups that aren't going to survive the coming years anyways and go broke. Maybe the founders can now focus on better projects. Maybe this is a blessing in disguise.

[acangiano]

> How do you know that journalspace wasn't being shady and screwing them in some kind of contract or negotiation gambit?

It's irrelevant. If you have a dispute with someone and you feel he is treating you unfairly, it's your right to leave and/or sue him, not to burn his house down. If you burn his house down you are a criminal, no matter what he did to you.