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by staunch 4986 days ago
If you think they're sticking around to make more money, then they must be trying to repair the company's stock price. Or you think they're still there out of a sense of pride or guilt.

Either way it's not a pump and dump, and their goal is to turn the company around.

1 comments

The only thing their continued presence at their respective companies tells us is that they think they can do better by staying than leaving. Mark Pincus might be staying at Zynga because he thinks he can turn around the stock price and make it a sustainable company, or he might be staying because he thinks there is plenty of profit to squeeze out of the company as it dies. There are reasons to stick around besides goodwill towards the company.
He's got $200M and no one can take his massive equity away. I just think you have to be very cynical to think his primary motivation is money, at this point.
I think you have to be pretty silly to think that people, in general, stop being motivated by money once they get a lot of money. The only two high net worth individuals I can think of who obviously stopped being motivated by money are Warren Buffett and Bill Gates.