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Bad Moon Rising

06/25/20 10:47 AM

#165866 RE: Cynomus #165865

Ummm ... To be Fair ... With the sale of Telx in 2006 ... as part of the transaction ... Rory signed a "Consultant agreement" with the company ... so Rory's credit for the success of Telx doesn't get to STOP with the sale of the company ... :-D :-D :-D






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JR30

06/25/20 11:10 AM

#165868 RE: Cynomus #165865

To be Fair Telx wasn't worth 1.8B when Rory sold it

That is why Rory said he had learned from the sell of TELX and he would not make the same mistake of selling VERB before its time. BTW, it was last sold for $1.9B, not $1.8.


it was worth 200M, the new ownership added the additional $1.6B in value

Rory worked as a consultant after he sold TELX, so it was not the new ownership alone that created the extra $1.7B.


Rory doesn't get the credit for this

I agree that this is an issue due to recent misinformation. Without his guidance as a consultant, TELX may not have done as well after he sold the company. "Founder and former CEO Rory Cutaia will serve as a consultant providing strategic advice."

GI Partners Buys telx, 56 Marietta