I tend to agree. If the founders shutdown the company and started a new one, there wouldn't be much fuss. So if they shutdown the company and get a nice signi

I tend to agree. If the founders shutdown the company and started a new one, there wouldn't be much fuss. So if they shutdown the company and get a nice signing bonus to join Facebook, that seems the same to me. If I were an investor in Gowalla, I certainly wouldn't be thrilled with it, but I would at least try to own the fact that my investment failed. An investor should be most pissed at Facebook. This is the equivalent of recruiting away Gowalla's employees one at a time with big piles of cash. As the last employee is recruited away, Gowalla effectively becomes an empty shell. How much can investors get for the shell?