Bryan bought Gawker after it went bankrupt. He also had a +$200m exit. So he's doing something right. Coincidentally, the company (j2 Global) that bought your former employer worked with the current Gizmodo CEO. That company is now worth ~$4.5b.
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Dude, $21000 was converted to $113 — they will literally never be worth anything! And that’s the case for literally everyone but the series c investors. It was an excellent tax write off but j2’s success or failure literally means nothing to me.
I get that. That's because Mashable's management raised money at a stupidly high valuation and couldn't revenue and profit to justify it. Hence, why I think Spanfeller is a good move as I hope he will do what Gawker/Mashable couldnt: make shareholders like u money and create jobs