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My personal opinion is that given that they have roughly the same traffic levels with 60+ people that they had with 10 people, and are somewhat close to breakev
by ojbyrne 18y ago
My personal opinion is that given that they have roughly the same traffic levels with 60+ people that they had with 10 people, and are somewhat close to breakeven, is that it's time for layoffs, not another round of financing.
- iamelgringo 18y agoOwen: NOOOOOOooooooo!!! It was so close to getting you that lovely vacation to Tahiti you so richly deserve. Sorry, dude. We're still rooting for ya, though.
- merrick33 18y agoOwen, you built it - don't you have some pull still. You have the right idea, layoff the excess to get cash flow positive. My 2 cents - quit trying to be something to everyone - because those of us who visited in the early years left long ago. btw it's Merrick - had lunch with you at Pubcon in '06
- ojbyrne 18y agoVery little pull. Reason #400 why I left - basically because I felt that whenever I suggested a good idea, it was shot down just because I was the source.
- falsestprophet 18y agoDid you get any equity?
- ojbyrne 18y agoObviously, or I wouldn't be so eager to see them sell, but equity without liquidity is useless. Digg management has already demonstrated their willingness to treat my shares differently from the other founder's shares (see my comment above about Kevin cashing in shares).
- deleted 18y ago[deleted]