An anonymous reader tells us of another story at LinxGram, featuring the story of an anonymous executive. "He said the layoffs were precipitated by the fact that the company's
27-year-old founder Sam Ockman didn't want to dilute his 52%
ownership to less than majority control. (Say, something maybe in the
neighborhood of 40%.) He said Ockman said as much. He said Ockman
said he would rather have control of something small than not have
control of something large."
October 24, 2001