top | item 22713719

(no title)

Amygaz | 6 years ago

This is highly opinionated, since I don't know Greg Wyler at all, but I do remember his Terracom broadband satellite effort in Rwanda, which looked noble at first, but was more a pretext to pay himself a generous salary, than doing anything.

So when he started OneWeb and then Ob3 (or vice-versa) I was skeptical. Now, reading about OW, and how it was mostly a middleman, I would say I am not surprised at all that he would pull this one and blame a virus. With chapter 11 he gets to protect his equity and compensation

I expect him to rebound, with even better compensation.

discuss

order

nujabe|6 years ago

I've know and seen Wyler's work in Rwanda first hand and seen the impact it has had on my villages and schools around the country, having lived there for a time in the mid 2000s. I have no knowledge of the financials of Terracom or the success of it's business model but I'm curious to know more about what exactly made you say that this was all a pretext to enrich himself?