a blog by Peter Leonard
Clontzman has a new piece up today on Salon's most recent troubles; like a middling thespian in dinner theater, this site doesn't seem to know when to die and get off the stage. The chutzpah required to make PBS-esque appeals for funds, while at the same time paying staff nearly a quarter of a million dollars in addition to stock options is truely mind-boggling. Normally you give up a large salary for significant equity in the company, but Talbot and company seem to have misunderestimated that equation. Read the piece for more...