More On The Excite @Home Mess
from the not-looking-good dept
Following on yesterday's Cringely article about the Excite@Home mess, which seemed to be his own version of things, News.com has a more interesting, more detailed look at how screwed up the merger was from the very beginning. It seems like it should be a warning sign when the new CEO of a company based in Menlo Park, CA announces that he's moving his family to Boston, and he'll work from there. The article also points out that since this merger was mainly pushed by Kleiner Perkins (who sat on both boards) - maybe this will be a lesson to companies to realize that VCs sometimes just want to cash out and don't necessarily have the company's best interests in mind. If you didn't know this already, you shouldn't be accepting any venture capital.
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