Earlier quoted context omitted.
First, he owed no-one anything. He could set the price to 1 billion for all he cared. His former employees could take it or leave it. Second, you speak as if his claims were irrational. The way I see it, however, you would set for 125k (probably much less judging from what you write) while he, the sentimental fool, scooped up double the money. Therefore, your decisions, which you personally claim are rational, would…
> Second, you speak as if his claims were irrational. The way I see it, however, you would set for 125k (probably much less judging from what you write) while he, the sentimental fool, scooped up double the money. Therefore, your decisions, which you personally claim are rational, The way I see it you are putting words in my mouth and I am definitely not interested in having a discussion like that. I never insinuated…
And yes. I completely agree with your edit and said as much elsewhere. Their acceptance of 250K showed that the OP under-priced their services at 125K.
And yes. Free markets produce monopolies. Especially when time is important. As I said above, the critical good here was not the delivery but the delivery within a certain time.