Nothing left but guiding ViaSat to it's ultimate crash site. But Mark couldn't do it alone, he had help along the way from a lackluster exec and upper management team incapable of the disruptive and innovative ideas they claim on their motivational wall art.
Major shareholders are going to desperately try to sell assets at the best possible price. This is the only way to recover some of the money they have lost.
As a reminder:
- They have spent 3.3 billions to buy Inmarsat.
- At acquisition, they have got 551 millions in cash and 46.5 millions shares (worth roughly 2.1 billions at the date of the transaction).
- Today those shares are worth about 450 millions.