LookSmart CEO bails

And a few board members resign.

[razinkane]

[biz.yahoo.com...] Could this be the begginning of the end? I can only hope! They want 15K a month to keep our listings in the directory.

[TallTroll]

Hmmm, IIRC "good faith differences of opinion" translates to "one director offered the rest outside" doesn't it?

I noticed at the time of the conversion to CPC that the subsidiaries were doing their best to distance themselves from it

Anyone watching the webcast?

[EliteWeb]

doH never good when this sort of thing happens, but it is most common when the company members want out while they still have something. Personally I would have left the company now when they did - and only they know the numbers of a current status.

oOOo they could have left the company because they did something bad and the good board member blackmailed them to leave :)

Taken two steps forward and four steps back.

[skibum]

Another one w/o the spin:

[smh.com.au...]

[Woz]

And yet anouther slant.

Thornley tips LookSmart profits after boardroom showdown [smh.com.au]

"LookSmart's Evan Thornley says he is keen to help Australian start-ups emulate his success in Silicon Valley when he returns in October."

Hmmm....

Onya
Woz

[sanity]

"LookSmart's Evan Thornley says he is keen to help Australian start-ups emulate his success in Silicon Valley when he returns in October."

Now that's an oxymoron if ever I heard one. ;)

[Orion]

I think he means his financial success - he and his wife are worth US$100 million plus, and they are rumored to have just bought a A$7 million place in Australia.

The story of the last 5 years is you've got to have a S or a C in your title and you can make it big, regardless of how the company performs.

CEO, CTO, CFO, COO
SVP

[fathom]

and at salon! (SEO)