Comment Re:There was a company named SourceForge... (Score 1) 122
There's nothing to own here but the domain name. The server hosting is donated, the admins and channel ops are all volunteers.
The mistake the new idiot Lee made was assuming the value was in the userbase when the value was the volunteers. And the volunteers didn't like this "explanations" for heavy handed tactics. They started leaving and advertising their channels were moving to new locations so confused users didn't result.
The Lee did the same thing he did before, he employed heavy handed tactics against the volunteers because he again mistakenly assumed the value was the users.
Let me give you an example I've seen of this in several times in the Civil Engineering business. A construction company (or public company not in engineering) buys a well known engineering company with a strong backlog. Thinking that employees are assets and the value of the company is the name and the owners, like construction, they promptly put in place employee hostile policies from the construction industry where the typical employee is an unskilled laborer that is a dime a dozen.
The result being, all the experienced engineers flee the company. The engineering division of said company now promptly fucks up a bunch of projects and eats huge overages on fixed fee contracts due to the loss of experience and within a year the millions of dollars spent on said engineering company has been devalued to zero as the name is now shit and everyone worth anything is gone.