For one thing, this wouldn’t be very kind to the investors.
For another, maybe there were some machinations involving the round like forcing the board to install another member or two, which would allow Sam to push out Helen + others?
I also wonder if the board signed some kind of NDA in connection with this fundraising that is responsible in part for their silence. If so this was very well schemed...
This is all to say that I think the timing of the fundraising is probably very relevant to why they fired Sam “abruptly”.
For one thing, this wouldn’t be very kind to the investors.
For another, maybe there were some machinations involving the round like forcing the board to install another member or two, which would allow Sam to push out Helen + others?
I also wonder if the board signed some kind of NDA in connection with this fundraising that is responsible in part for their silence. If so this was very well schemed...
This is all to say that I think the timing of the fundraising is probably very relevant to why they fired Sam “abruptly”.