The key was when Cogswell upped their offer, pushing the OP away from his gut instinct to go with Spacely. Cogswell callously (and perhaps not even in its own

The key was when Cogswell upped their offer, pushing the OP away from his gut instinct to go with Spacely. Cogswell callously (and perhaps not even in its own interest) refused to let the deal drop (probably someone had intuition that a Spacely was involved). Aside from the backout and legal costs (which might be insignificant for a big company), Cogswell got to keep the option alive, at Backblaze's expense (through losing the Spacely opportunity). This kind of shit happens constantly with big companies.