Quoted from knockerlover:
I also have sold startups and manage a 300 million contract right now. After my own 25 years regardless of what a contract says business is about the relationship between two people. The contract can be bare bones with a tight relationship or iron clad with poor ones, either way the contract means nothing.
Good business is about good relationships not iron clad contracts. And still we know nothing of the situation, and nobody can say what it's about... even money.
Show me evidence.. until then..
100% agree. I'm a startup founder and have negotiated my fair share of 7 and 8 figure deals, and have learned a few lessons the hard way.
Contracts are necessary for when things go sideways, but in my experience, successful partnerships are often predicated on how the parties navigate the unanticipated and deal with adversity together. Smart partners can joint problem solve and have a long-term interest in collaboration, and don't escalate issues until there is zero chance of recovery.
Like others, I feel for the early "all in" buyers. I got into the TBL game late and am lucky to only have a deposit down. I'm stepping away from the game and will buy another pin, almost exclusively because of the way that DP has managed this situation. Not being transparent with customers or prospective customers is just bad business.
Between the messaging issues, the inability to find resolution with ANA (takes two to tango, I know) and the apparent lack of a plan b, I find it hard to believe (possible, though), that DP will survive long-term.
While I love the theme and the feel of the game, I'm ok with the risk of missing out if the stars align for DP and customers at some point, which I hope they do.