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    Boat-Loving Fast Company CEO Out of His Office

    Fired Fast Company Web chief admits he was moonlighting

    read more: #commenteroftheday, #edsussman, #valleywag

    dorian

    Ed Sussman, the fired head of Fastcompany.com, isn't sweating the downturn. He already had a startup ready. The takeaway MBA lesson is that if your employee has 4,000 man-hours to waste on a side project, it's more of a reflection on you as a manager. Today's featured commenter, dorian, points out why this isn't that big of a deal:

    Of course. How much capital do you really need to bootstrap a software-only business? Let's see, enough to buy a laptop, a pallet of nukables from Costco and pay your internets bill for ~4000 man-hours.

    (wait, that sounds eerily like what you get from Paul Graham for 10% equity!)


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