I just can't fathom such a risk-averse decision. I mean, their business is dead. Even if you're not normally the type of leader to bet the farm on a wild shot, certainly it's the rational choice when the other option is a guaranteed 90% loss in expected valuation.
What are those last 10% worth to you? Unless it's still the difference between personal financial independence and wage slavery for the majority owner, I can't see how that's the rational choice. That's why I'm concluding lack of imagination and borderline incompetency.
What are those last 10% worth to you? Unless it's still the difference between personal financial independence and wage slavery for the majority owner, I can't see how that's the rational choice. That's why I'm concluding lack of imagination and borderline incompetency.