Great excerpt from levy's article laying out the truth...
Instead, according to two people familiar with the events, what ensued was a power struggle in which Jain vied with Horowitz for the CEO slot. By mid-January, Horowitz seemed to have won out. Rick Thompson, an executive VP and another Go2Net import, was slated for COO. Jain was set to leave and start a new company. Several executives were approached and asked if they would jump to Jain's new venture. His attorneys huddled with company lawyers to negotiate the terms of his departure. But those negotiations stalled, according to one insider, over Jain's plans for the new company and his refusal to sign a noncompete agreement. In the days that followed, the board reversed itself: Horowitz would be exiting, not Jain, and the founder would take over as CEO. On Jan. 22, that's just what happened.
In a nutshell, that bastard wanted to walk away and start a new company with all his know how that would compete with INSP, but Russ called him out on it. I would have loved to be in the room for that confrontation.
Burn in hell Naveen! |
