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Re: barge post# 239356

Wednesday, 10/29/2014 2:24:44 PM

Wednesday, October 29, 2014 2:24:44 PM

Post# of 248948
barge, I certainly appreciate your passion and don't fault it, but I have for some time backed off that for myself, preferring the more mundane task of sorting and counting beans.

With the notion of the problem being the TCG, and given who the founders are, I have for some time held the notion that there is no way those guys let uber-billions flow to Wave ... multi-millions? sure, why not, but massive chunks of pie are targeted for subsumation, redundancy, and obfuscation.

Their lack of a greater sooner push and resources (and comparative lack by many now) likely reflects their greater understanding of the market than Sprague, so while Wave sat and mocked e.g. soft-FDE, money was being made there. No coin in evangelizing.

That PwC bought CSP to build their own VSC (in so many words) should have been a wake-up call to SKS of a real opportunity, but he just kept evangelizing and hopin+prayin for the big paradigm shifty thingy instead of working to make money. For that he should be soundly unabashedly purposefully ridiculed for - we are talking hundreds of $millions without even casual regard to sensible business practices with PwC-VCS-like potential a glaring example.

You are blaming the people that didn't blast through hundreds of $millions for the acts of one who so casually did. They are not responsible for SKS' behavior, he is.

Finally, his visions have simply been incorrect. Cool, but incorrect. Metering wasn't to be, data-casting wasn't to be, neither in the way he envisioned, other things filled that demand. I cannot praise cool failed ideas as much as some. Those ideas did entail developing IP related to a hardware root of trust, something that current investors hope has value, but on that he was demonstrably incapable of monetizing the property.

The above content is my opinion.

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