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In July 2022 I stood down as the CEO of Black Hops. Interesting way to characterize "was forced to resign" (see preceding post on that blog)... Also "$10M val

In July 2022 I stood down as the CEO of Black Hops. Interesting way to characterize "was forced to resign" (see preceding post on that blog)... Also "$10M value" seems debatable, given that it only liquidated for a third of that.

rcxdude 1y ago
Well, it sounds like he thought he was getting a deal of giving away his shares so he could keep his house. And in the end he lost both. But then, it seems like with the personal guarantee and the way the business went that guarantee was going to put him in the line for both anyway. Still a shitty way to go about it, especially if they're sidestepping protections that should prevent it.