OnLive reveals details behind its asset sale and new investor

So, Steve Perlman got wiped out (as a common stockholder), and is taking no salary, to try to save the business he worked on for 9 years, and hire as many of the engineers as possible.

But TechCrunch asserted, and HN blindly believed, that Perlman was pulling a "massive dick move". Even CNN did a better job of covering this story.

The lesson here is about the credibility of Tech Crunch as a news source, I think, and getting the facts before crucifying someone. It's not like there's a shortage of worthy victims in the world.

Matt Burns (the TC author) owes OnLive and Steve Perlman an apology.