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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Replying to @theSamParr
Bryan bought a domain name. And yes, let’s all applaud a 2012 exit on the backs of unpaid labor. What a terrific guy, a real model for us all!
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Replying to @film_girl @theSamParr
And yes, please tell me all about the business model of the holding company that bought a website I helped build on the cheap! It was positively a win for all of us when a holding company known for buying distressed assets made our options worthless!
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Replying to @film_girl
It's not a win if the company was fragile enough to be sold in such a way that made your options meaningless. Wouldn't that options have been $0 if it just went bankrupt?
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Replying to @theSamParr
Obviously it wasn’t a win! That’s my point. Why the fuck do I care how much money j2 has? How is that relevant? And I still get stock statements from them each quarter and their figures don’t look that great.
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Replying to @film_girl
U said you wanted ur options to be worth something. For them to be worth something you'd want a good company to have options in. And J2's market cap has consistently grown over the years and, unlike gawker and mashable, their shares are liquid, are growing, and actually exists.
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Replying to @theSamParr
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.
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Replying to @film_girl @theSamParr
And their quarterly statements hardly paint the picture of “success” — but again, I don’t actually care except for the frustration in seeing something I dedicated my life to turned into a content farm by the http://Speedtest.net people.
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Their revenue and profits grow each year. Even if they don't grow, they're a fine company and pay a dividend.pic.twitter.com/rYH6iCFqOu
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