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Klinker vouched for them. He called Jeremy Johnson a "product visionary". Then as quid pro quo, BitTorrent (with Delamar and Johnson in control) funded Klinker'
by FatCalico 10y ago
Klinker vouched for them. He called Jeremy Johnson a "product visionary". Then as quid pro quo, BitTorrent (with Delamar and Johnson in control) funded Klinker's Resilio spin out (to the tune of about $5M of BitTorrent's cash). Oh yes, BitTorrent is still paying Klinker his CEO salary even to this day.
Normally the BitTorrent's general counsel would have objected to all this but Klinker (the CEO) and BitTorrent's long time general counsel are married to one another. How the board ever allowed the CEO to hire his wife as general counsel is totally bewildering.
- NelsonMinar 10y agoWell that's fascinating innuendo. I'm not equipped to evaluate if it's true, but it makes sense. I wonder how the other equity owners feel about the outcome.