Tags: PubSub, Bob Wyman, Salim Ismail
Pubsub co-founder Bob Wyman has gone public about the recent rumors of the company’s impending demise and laid the blame on the former CEO Salim Ismail.
I believe firmly that the cause of our difficulties is not the team we have built nor is it the technology we’ve developed. Both are great. What has prevented us moving forward is a battle with a group of minority shareholders, some of whom claim to be lead by our ex-CEO Salim Ismail and are, in any case, primarily his "friends and family." This group is using very unusual clauses in our Shareholder’s agreements to block mergers or financings.
I think that the best assessment of the whole crisis was Michael Arrington who summed up nicely what i was thinking:
A founder should never try to solve problems by publicly attacking another founder. Who’s going to step in now and fund or buy the company with all of this incredibly immature drama being thrown about?

The TechCrunch article is to me on the mark in my opinion and also includes a reply in the comments from Bob Wyman.