- Board is mostly independent and those independent dont have equity
- They talk about not being candid - this is legalese for “lying”
The only major thing that could warrant something like this is Sam going behind the boards back to make a decision (or make progress on a decision) that is misaligned with the Charter. Thats the only fireable offense that warrants this language.
My bet: Sam initiated some commercial agreement (like a sale) to an entity that would have violated the “open” nature of the company. Likely he pursued a sale to Microsoft without the board knowing.
Prior to the Reddit comments, I thought this might be the case, but perhaps I was somehow influenced. Actually, I thought it would be something inappropriate in the workplace.
His sister says he molested her when he was a teenager.
The way these things break, I’m not surprised it went down that way. Here’s what I thought reading the release: “They had to fire him before deciding on what to actually say eg. to formally accuse him”
It seemed like signaling that this is someone firing him kinda desperately. When you discover a diddler theres some weird shit when people panic and suddenly drop catapult them out of their lives… they just start leaping out of moving cars and shit to get away.
Keep in mind there could be ongoing investigations, definitely strategies being formed. They can get to a point in an investigation where they’re virtually 100% he molested his sister, but can’t really prove it yet. What they do have is irrefutable evidence of lying about something incredibly serious. Gets him out of the building and powers stripped today.