Programming Languages (was Re: [rescue] Solaris on a PPC)

[Joshua D. Boyd]

On Fri, Feb 07, 2003 at 03:50:27PM -0500, Sheldon T. Hall wrote:
> Well, "whoever pays the piper calls the tune," and all that, but it seems
> like forcing out the founder, piper, and big-name frontman isn't exactly the
> way to making a good ROI.  Most VCs are smarter than that, but not all of
> 'em.

The deal was that the VCs didn't get the majority ownership or control.
But, by stone walling on board appointments, they managage to gaim
majority control and steal the company.  Then they asserted in a counter
lawsuit (to a shareholder one) that shareholder actions should be
disallowed if the shareholders in questions are also board members.
Then there was some sort of hush-hush settlement and PG was gone from
the company after that.