And yes, I think JP is out of his depth and needs a new CEO, or at least a real COO if he's intent on building an operation. But he isn't getting challenged by the Board, proving that the Board are also, out of their depth.
If we end up begging for cash at the end of the year it might be an opportunity for an activist PE fund like Appian to come onto the register - probably not a bad outcome relative to JP's go-it-alone fail for shareholders - as they'll improve board and management and fight for highest exit price.
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