I'm pretty sure based on your answers you have no idea how things work in the real world. Reading "The Lean Startup" or "The Art of the Start" doesn't really qualify you to make such nonsensical statements about how a multi-billion-dollar publicly traded company should behave. A startup burning through $10M of VC funding is completely different from a publicly traded company burning through $2B in funding. You can't even justify it at this point. Tesla Energy is a dream, you can't waste $2.6B on an unproven dream and then buy a completely unprofitable cash-bleeding company when you yourself are bleeding cash. He needs to have much better sense than that as a CEO, his duties to his shareholders demand it.
> Reading "The Lean Startup" or "The Art of the Start" doesn't really qualify you to make such nonsensical statements about how a multi-billion-dollar publicly traded company should behave.
I've read neither, I do have a degree in economics though... does that count?
Do you have a short position on SCTY? If so, then I understand your "comments" and why you're pissed. Sorry? LOL
> He needs to have much better sense than that as a CEO, his duties to his shareholders demand it.
Last time I checked, he recused himself and the shareholders have to approve the deal ... what are you going on about?
> I've read neither, I do have a degree in economics though... does that count?
Nope. Economics != Finance, sorry. And it shows from your misunderstanding of "running" a business. A profitable business only happens when you have market saturation? LOL that's some economics education...
> Do you have a short position on SCTY? If so, then I understand your "comments" and why you're pissed. Sorry? LOL
Nope.
> Last time I checked, he recused himself and the shareholders have to approve the deal ... what are you going on about?
He's the one that came up with the deal, and bid on SCTY with a 30% premium. Given the dire situation the company is in, and given how it's the worst performing solar company, they will have no choice but to accept.
