RE:RE:Summary of past 6 weeks Rapid, it's more complex than it appear, I understand many of the aspects of a startup. One of them is strategic. Big pharmas play dirty and are so powerful than when a tiny little player like PLI want to be a big boy, they don't let that company grow without reaction.
It obvious that PLI was attacked to be weaken by people who work behind the curtains. Is it the pharmas or only shorters who had privilegied informations ? I don't know. When so much money is at stake, it's funny to see puzzling things happened.
To me, it makes no sense that a so incredible science can be punished like that. Compare 5 years ago and now in term of progress : that doesn't compute. We lost 500M$ of market cap for 1 year delay by FDA at 120M$. Ridiculous. So I think management do what they can with what they have. And they're definetly not good at chess...
As for the ignomenious paycheck of Pierre, if I was him, I sould be shameful. Normally, you eat the dessert AFTER the meal. Same thing about Fred Dumais, his way to manage the crisis is despicable, unworthy of his position. So no, I definitely don't give them a "free pass". But as I said, we have no power.
Have a good day,
Arrakis