Post
Topic
Board Hardware
Re: Troll free thread about the progress of HashFast's bankruptcy
by
stan258
on 05/08/2014, 00:02:59 UTC
From the testimony, Simon's vacation was part of the contract that he negotiated up front so it was owed by the company. Good for him to have the foresight to negotiate it.

Don't be ridiculous.  His company is at a crucial stage of bankruptcy proceedings.  If he had a whit of interest in doing right for the creditors, he'd be physically available in the Bay Area to meet and help take the company's decisions.  Maybe he could go to Pacifica, but not the Algarve.  Better yet, he would be eager to do something to prove he was worth a damn at anything other than a narrow set of technicals,* which apparently he is not.  



* and spending money.

Simon doesn't come across to me as that nefarious. I thought he might po*p his pants during one of those audio interviews that you posted.

That first company that he and decastro started seems to have been simon's core idea as does HF.  What did Eduardo bring to the table other than an ability to fade into the woodwork when the going got tough. What is curious to me is that after the first company was bought, simon worked there for 7 years more and then to PARC etc. eduardo's bio is more sketchy(at least publicly) since the first company with the implication that he has been involved with multiple startups since( yet none were named). How many "fund and fail" startups has he been associated with because he seems to be pretty savvy at fading away.

I fault simon too....just this eduardo guy stinks to me....   

He is protected under CA labor Law.  Accrued time off in California must be paid out in cash value at time of employee separation. Even if the employee transfers to another state and remains with the employer.  Either he takes it now or the estate pays it later.  I believe even if he were to take a pay cut the accrued vacation must be paid at the rate he was at when it was earned.