PIM, I can hear you saying that with a "So" at the start and a Canadian "eh" at the end in a James Cagney accent - priceless!
This dump was going to happen. Nothing unexpected, wish they didn't have to consider doing a r/s, but they do.
I like Taylor and now I like Ajit, the rest of management, don't particularly care for (not unusual for Venture management, but this company deserves the very best, assuming the tech is what many say it is).
In my mind, POET's doubled the number of good guys at the top of their organization.