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There's plenty of fuel for speculation in this particular case! There is the open question of whether Last.fm/CBS handed user data to the RIAA (covered at http
by gamache 17y ago
There's plenty of fuel for speculation in this particular case! There is the open question of whether Last.fm/CBS handed user data to the RIAA (covered at http://www.techcrunch.com/2009/05/22/deny-this-lastfm/ http://www.techcrunch.com/2009/05/22/deny-this-lastfm/). Fast forward a month from that article (which alleges the CBS overlords did it unilaterally, then asked Last.fm to lie about it), and all three founders are looking to cash out ASAP. Conveniently, this is the two year point of the acquisition, which is likely the end of the vesting/retention period for the founders. That is due speculation.
- TrevorJ 17y agoThe first part is worthy of some speculation, I agree. However, the second is just a matter of course. It only makes sense to wait till you have fulfilled your contract obligations and can cash out. There's little wrong with that that I can see.
- tptacek 17y agoIs there really an open question about it? There's TechCrunch with an anonymous source making a claim they've already had to walk back, and haven't posted any formal retraction of. Then there's Last.fm and CBS categorically denying the claim, signing people's actual names to the denials.