Posted by
ryuzaki0
on from the what-happened-to-the-netwinder dept.
halo8 writes: "There is a story on the Ottawa Citizen about Rebel.Com - how they were private, went public during the tech boom, made millons, spent millons (buying james dean logo and rebel.com address). See part I and part II.
Get your facts straight
by
andrewm
·
· Score: 5, Informative
Rebel.com was _NOT_ a public company. It never went IPO.
The Rebel.com offices are _NOT_ gilt in gold. They are quite simple and plain.
The majority share holder (remember it was a PRIVATE company) was Mac Brown. He is gregarious and ostentatious. He was probably the only one that made any money.
Many Rebel.com employees lost a lot of money by investing in this PRIVATE company. Many borrowed and re-mortgaged their homes to invest. I personally didn't invest. I lost only my stock options which were never worth anything since they could not be traded (becaue it was _NOT_ a public company).
If you want more facts, let me know. I still work there for the receiver, KPMG.
--
Andrew E. Mileski
Former Senior Software Engineer at Rebel.com
James Dean in "Rebel.com without a clue"
TODO: Something witty here...
Rebel.com was _NOT_ a public company. It never went IPO.
The Rebel.com offices are _NOT_ gilt in gold. They are quite simple and plain.
The majority share holder (remember it was a PRIVATE company) was Mac Brown. He is gregarious and ostentatious. He was probably the only one that made any money.
Many Rebel.com employees lost a lot of money by investing in this PRIVATE company. Many borrowed and re-mortgaged their homes to invest. I personally didn't invest. I lost only my stock options which were never worth anything since they could not be traded (becaue it was _NOT_ a public company).
If you want more facts, let me know. I still work there for the receiver, KPMG.
--
Andrew E. Mileski
Former Senior Software Engineer at Rebel.com