DannyBee 2 days ago

I think this is a bit unfair.

Who among us can really say they haven't gone off the deep end, burned every drop of good will that ever existed towards them and their projects, sued a competitor and got hilariously burned by the judge, all while burning hundreds of millions of your companies value (blackrock marked them down 10%, which is 750 million)

This is just a normal thing that happens. It could have happened to anyone.

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1shooner 2 days ago

Another interpretation would be a common cause for both this and the litigation, i.e. pressure to improve financials.

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  • chris_wot 2 days ago

    That's an unbelievably terrible course of action. If you have financial issues, don't try to get out of it by litigation. Only litigate if you absolutely have to, and you have been wronged. Don't do it because you are trying to improve your bottom line.

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    • 1shooner a day ago

      Yes, i think that's the consensus. But it didn't start with litigation, it started with a 'creative' approach to generating new licensing revenue.

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ceejayoz 2 days ago

It may also have been part of his reason for doing so. Panic/desperation.

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