Money and time. I was on the grind for 20 years and poor as shit for the great majority of my life. I didn’t have the time to go do all the things I do now.
So I’m the middle aged guy riding a motorcycle, playing in bands, drinking too much in public as long as I’m not driving, going to every concert of nearly every genre I can get to…you know, living. I’m not in crisis, I’m having the time of my life. I’d say the last 8ish years have been the absolute most fun of my life.










I mean, yeah.
However, in this particular case I think the CEO was running this as a pump and dump for nearly a decade, claiming to be fully funded and having no board (because he claimed it was self funded), and giving himself massive raises year over year.
So a private equity firm bought something hollow. I have some guesses about it. Probably a friend of his, probably got it cheap, and is about to gut whatever is left now that the guy who did own it got out with what he could. Why would PE buy it otherwise? There’s no goodwill or name to cash in on like what’s being done with Native Instruments.