Making characters player begins the journey with a throwaway walking tutorials/plot tools is just not very good writing.In PoE, Calisca and Heodan are temporary companions who have to die, why?
Making characters player begins the journey with a throwaway walking tutorials/plot tools is just not very good writing.In PoE, Calisca and Heodan are temporary companions who have to die, why?
Now he must drive to California, giving away his earthly possessions, until he comes to the ocean at the edge of Western civilization.
Generally there are protections for minority shareholders, such as business tort claims for minority oppression. In this case, however, it increasingly sounds like Avellone received the shares through a Stock Holder Agreement with a Clawback provision. A Clawback provision would allow Feargus to repurchase those shares for pennies. If I recall correctly, executives for Skype had such provisions and just before a multi-billion dollar acquisition by Microsoft, the majority shareholder exercised the clawback provision. Consequently, the executives received nothing. I forget whether the executives were fired last minute just to trigger the clawback. It was a mess.If the company's violated its own corporate bylaws (which MCA suggested when a re-evaluation of the company's value didn't occur as per the bylaws), Feargus is screwed. My understanding is he could even be held personally liable depending on the circumstances (and Feargus has such a nice house now. Be a pity to lose it after all that effort screwing over his employees to get it).
Unless American law is some kind of wild "companies can do whatever they want" legal free zone, which I sincerely doubt. There are usually laws specifically designed to protect minority shareholders from majority shareholders simply "doing what they like" (otherwise it's a disincentive to minority shareholders and you'd never get investment).
Written bylaws, or a company's constitution can't just be ignored. If the bylaws of Obsidian outline a re-evaluation process, and that didn't occur, and MCA was paid out without that bylaw being followed - he would have legal recourse. In some cases, potentially even if he had signed something (It's not just MCA here, there are other owners that need to be considered / protected under law).
I'd love to see Obsidians bylaws and know exactly what it was MCA got paid and how.
If I recall correctly, executives for Skype had such provisions and just before a multi-billion dollar acquisition by Microsoft, the majority shareholder exercised the clawback provision. Consequently, the executives received nothing. I forget whether the executives were fired last minute just to trigger the clawback. It was a mess.
From the Business Insider article:If I recall correctly, executives for Skype had such provisions and just before a multi-billion dollar acquisition by Microsoft, the majority shareholder exercised the clawback provision. Consequently, the executives received nothing. I forget whether the executives were fired last minute just to trigger the clawback. It was a mess.
You appear to be right -- and clawback is mentioned explicitly:
- https://techcrunch.com/2011/06/26/skypes-worthless-employee-stock-option-plan-heres-why-they-did-it/
- http://www.businessinsider.com/skype-scandal-silver-lake-2011-6?IR=T
"In the rush to blast Silver Lake as greedy and evil, the investor said, two different issues are being conflated. The difference is between the Skype executives who were fired and those, like Lee, who left voluntarily. The executives who were fired were paid out (i.e., they got their vested stock options). It was only executives like Lee who quit the company who did not get their options.
Private equity firms have a different view of option compensation than VC firms, the Skype investor said. Specifically, private-equity firms recruit executives with a very specific mission: To fix the company and then sell it, a process that often takes several years. In private-equity’s view, executives only deserve a piece of the equity pie if they see that mission through, not if they quit in the middle.
Lee, the investor pointed out, quit voluntarily 13 months after joining Skype. If he had remained at the company until the Microsoft deal closed, thus completing the mission he had been hired for, he would have gotten his options. But he didn’t. He quit the team early–voluntarily. This quit-as-soon-as-some-of-your-options-vest, the investor said, would be an “eyebrow raiser” even in normal Silicon Valley VC deals. (Most VC-backed option plans have a one-year “cliff vest” in which you get 12 months of options after a year’s employment. Employees who quit 366 days after joining a company–the day after the options vest–aren’t viewed kindly.)"
Better yet if he could pony up the stock purchase agreement, or whatever agreement used to give him stock.From the Business Insider article:If I recall correctly, executives for Skype had such provisions and just before a multi-billion dollar acquisition by Microsoft, the majority shareholder exercised the clawback provision. Consequently, the executives received nothing. I forget whether the executives were fired last minute just to trigger the clawback. It was a mess.
You appear to be right -- and clawback is mentioned explicitly:
- https://techcrunch.com/2011/06/26/skypes-worthless-employee-stock-option-plan-heres-why-they-did-it/
- http://www.businessinsider.com/skype-scandal-silver-lake-2011-6?IR=T
"In the rush to blast Silver Lake as greedy and evil, the investor said, two different issues are being conflated. The difference is between the Skype executives who were fired and those, like Lee, who left voluntarily. The executives who were fired were paid out (i.e., they got their vested stock options). It was only executives like Lee who quit the company who did not get their options.
Private equity firms have a different view of option compensation than VC firms, the Skype investor said. Specifically, private-equity firms recruit executives with a very specific mission: To fix the company and then sell it, a process that often takes several years. In private-equity’s view, executives only deserve a piece of the equity pie if they see that mission through, not if they quit in the middle.
Lee, the investor pointed out, quit voluntarily 13 months after joining Skype. If he had remained at the company until the Microsoft deal closed, thus completing the mission he had been hired for, he would have gotten his options. But he didn’t. He quit the team early–voluntarily. This quit-as-soon-as-some-of-your-options-vest, the investor said, would be an “eyebrow raiser” even in normal Silicon Valley VC deals. (Most VC-backed option plans have a one-year “cliff vest” in which you get 12 months of options after a year’s employment. Employees who quit 366 days after joining a company–the day after the options vest–aren’t viewed kindly.)"
Again, none of this matters unless MCA can pony up the bylaws. And again, if the company has not followed its own bylaws, the company has a problem.
In the above, the company are following their rules.
So hypothetical question: If POE2 comes out and it's "good" (whatever you consider to be good/incline yeah?) and the Codex could hack into Metacritc to influence it's rating. Would you give it a favourable review to protect all the working man/women/they jobs at Obsidian, or would you tank it because of what MCA has revealed?.
Even if each and every person in Obsidian were a jerk, the game itself has nothing to do with it. Fortunately, the jerks are minority.So hypothetical question: If POE2 comes out and it's "good" (whatever you consider to be good/incline yeah?) and the Codex could hack into Metacritc to influence it's rating. Would you give it a favourable review to protect all the working man/women/they jobs at Obsidian, or would you tank it because of what MCA has revealed?.
And where are you from, then? Venezuela? New York?There's a much worse word for people like him where I'm from: Capitalist.
It was just... an easy example that was accidentally nearby.Defiitely the genuine Hiver, even fitted in that pop at the GOT tv series :D
Welcome back
RPS says that the game is about "colonialism mixed with exploitation of natural resources" but says the story is very bad because it "suggests the complicity of the natives." Could Sawyer have balanced too far ...?So, the game has released. Who cares, Darth Roxor review when?
If it was good in my estimation, I'd give it a positive review...So hypothetical question: If POE2 comes out and it's "good" (whatever you consider to be good/incline yeah?) and the Codex could hack into Metacritc to influence it's rating. Would you give it a favourable review to protect all the working man/women/they jobs at Obsidian, or would you tank it because of what MCA has revealed?.