flynn23 wrote:
] inignoct wrote:
] ] Who knew? Some of us here must live within a mile of Hayes'
]
] ] old house. I had no idea.
] ]
] ] Man, what a sad story.
]
] What's more sad is that happens more often than not. Apple
] Computer? Steve Wozniak left the company in the early 80s
] worth nearly a billion dollars (a LOT of money back then), but
] spent 100's of millions on failed projects.
]
] Cisco Systems? The original founders were forced out by the
] lead investor. They got $10M. Value of their holdings today?
] Nearly $40B!
]
] The tech industry landscape is littered with stories of
] founders who crashed one way or another. Very rarely are the
] stories of Jobs, or Gates. Usually the big winners are things
] like "Paradise Fund IV, LLP."

well, like most people who lose a lot of money, it seems hayes made some bad choices. to me, the statement haye's partner makes about leaving with X million and never working again is the best part of the article... how many millions do you need? You only live once and all that.

RE: ajc.com | Business | Modem moguls' paths diverge