conroy - 8:20 pm on Mar 5, 2012 (gmt 0)
What exactly was he supposed to pay his staff with when revenue goes down 90% overnight? A 10 year old site doesn't seem like churn and burn to me. He had a model that worked for a while and it was great. Unfortunately it stopped working. Blaming him is hilarious. He did what google wanted for 10 years then they flipped the switch and he did what he needed to do. It's a great story and something to learn from.