SunRocket turns Scud Missile
As the guy who did the wiring diagrams for the place (now you know who I worked for), it's sad to see. Congratulations to the ex-AOL management (you know who you are!) that took over for a new record in running a company into the ground, and congrats to the board of directors for yet another successfully mismanaged venture.
Internally, SunRocket's politics went further and further in preventing effective execution of the technology vision. But can be expected when you mix telecom and dot-com? The dot-com "meltdown" was a drop in the bucket compared to the losses incurred by telecoms companies during the downturn years, and clearly management from the has-beens has not learned from their mistakes. I won't make myself sound like a disgruntled former employee, but anyone who has worked there should not be surprised at the outcome.
All the best to the folks let go today and last month, and I'll get some toilet paper printed in the shape of stock options certificates!