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by wilschroter
5046 days ago
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Last week at this time it was popular to pile on Onlive's CEO to say "he fired everyone and stole the company!". No one asked why he did it. The common thread was "he was greedy!" That really pisses me off. We come to find out a week later that the company was days away from total insolvency and that structuring an ABC to deal with $40 million of debt was the only way to keep anyone's jobs. It's a brutally painful place to be. Sometimes people do awful things for simple and awful reasons. But I believe that's rare. I believe some people are forced to do awful things that they would never otherwise do given the option. I think in this case people didn't want to know, or perhaps didn't care to know why it happened. They just wanted to blame someone. I fear the media's growing lack of interest in the why. |
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$50k split between all the people who made this decision is a trivial amount of money compared to their salaries and bonuses.