Post
Topic
Board Bitcoin Discussion
Re: How much is the Bitcoin Foundation worth ?
by
magic ice
on 08/04/2015, 14:19:17 UTC
http://cointelegraph.com/news/113873/bitcoin-foundation-is-effectively-bankrupt

they are bankrupt supposedly so what value would be left in this psudo company?

id suggest being able to come up with 6 months salary for all the board members

would be about the maximum buyout value if not 6 weeks

I think the 'foundation' is just financially challenged because of overspending in the last 2 years and not 'bankrupt' as you said.
For sure they are still capable of running the show and Janssens outburst will help the foundation get back up.

Read more: http://bitforum.info/t/bitcoin-foundation-publicly-trashed-by-newly-elected-board-member-olivier-janssens/776/1

But as the article said, their move was to oust Murck and replace it with someone who can help them with this issue.