Opera Founder Jon S. von Tetzchner Resigns 222
fysdt writes with this excerpt from TechCrunch:
"Opera founder Jon S. von Tetzchner has resigned from the company. In an email to Opera employees, von Tetzchner said that 'It has become clear that The Board, Management and I do not share the same values and we do not have the same opinions on how to keep evolving Opera. As a result I have come to an agreement with the Board to end my time at Opera. I feel the Board and Management is more quarterly focused than me.'"
Ouch (Score:5, Insightful)
Opera has been a damn good browser, and the focus of the company Opera has always been producing a damn good browser. If the focus becomes quarterly profit, I don't see much of a future for the Opera browser.
Re:Sad news (Score:5, Insightful)
No surprises here (Score:5, Insightful)
Business guys want short-term profit at all costs. Technical guys want long-term technical excellence which is better in the long run but not as profitable in the short run. Because the business guys have the dough, they win in a for-profit business.
That (in a nutshell) is why for-profit business cannot be the driver of excellence in software.
Hard to compete with free.. (Score:5, Insightful)
Short term vs long term. (Score:5, Insightful)
"the Board and Management is more quarterly focused than me."
That's it. Stick a fork in it. Opera is done.
It will go up for sale within the year, get bought out, and disappear. Because the board needs its golden parachutes.
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BMO