As a CEO of a company that is being sold you can not make any binding statements about the future of the company you will no longer own. This is really management 101 and Palmer Luckey does not strike me as an absolute beginner here, he knew how to get funded, how to execute and had a ton of people telling him this would happen. Of course he and FB had a pretty strong incentive to ensure that there wouldn't be an immediate break-off risk to the acquisition, and of course there was plenty of evidence from other acquisitions that this is how the world works.
I'd like to believe him, but it is pretty hard to do so given the historic record of acquisitions to date.
For me the heuristic is simple: I won't believe a word a CEO that is selling his company says about what will happen post deal. They are no longer in control and should know better.
I'd like to believe him, but it is pretty hard to do so given the historic record of acquisitions to date.
For me the heuristic is simple: I won't believe a word a CEO that is selling his company says about what will happen post deal. They are no longer in control and should know better.