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Maybe the company should just die? It failed and now they’re spinning out… why?


It did die.

One way to look at it is do you want zero or do you want pennies on the dollar for it?

Is it crappy? Yeah. Doubly so if being abused by the founder. There is a version of this that is just the best of two bad options though.

It leaves a bad taste in my mouth when the founder doesn't share the same pain as the investors and the employees but such is life and it's hard to draw a line anyway, especially for someone super rich and with star power like her.


I want zero. Give the LPs a loss and move on.




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