Comment by gwbas1c

> is clearly managed by too ambitious people and will never succeed

I was with a startup for almost a decade. During that time it had four different owners. At one point it was "clearly managed by too ambitious people and will never succeed", but the parent owner and remaining founder saw this and found a legit buyer.

When this happened, we were wholly owned by a major conservative company but operated independently; the fact that "adults" controlled the purse strings was what made the situation work out well in the end. (For me, that is. Other people who drank the kool-aide were given nice severance packages.)

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Thus, you really have to know the whole story: Who's the investor? Who has power? Who's controlling the purse strings? If the business has potential, the investors will fire "poker player" leadership in situations like this.