Alec Hogg and Moneyweb

Taken from Alec Hogg's Facebook page:

"A traumatic day. Fifteen years after an idea to start a financial website led to the creation of Moneyweb, my full-time association with it has ended. Cutting through the lawyer speak, I'm just not on the same page as the guys running Caxton - Terry Moolman's local newspaper and printing company which acquired a controlling shareholding in Moneyweb when my ex wife Louise sold her stock last year. I guess that's business. When you own more than half the shares, you make the rules. They do. I don't. So have learnt the hard way what Willie Kirsh (Primedia) meant when he said entrepreneurs should never drop their shareholding below 50%. I cleared out my office at Moneyweb today and said farewell to the staff. And got out quick - eyes too close to the bladder, inherited from my Irish grandmother. Thanks to everyone who supported my dream. Especially the amazing staff with whom it has been a privilege to work. On the upside, more time available now so can focus on making a proper contribution on Facebook (and Twitter). So don't be scarce."

Aye George a was shocked when i read this yesterday,he must be heartbroken..

fark you kidding me !!! Will Alec still be doing his 18h00 slot on SAFM ??

Seems like its the Ex Wife's fault...:X

the same happen with charl and racingweb. some time what go around come around?

Thats what happens when you give your wife shares. Lesson is never mix money and wives.

he should revive Racing Digest.

When many women want to marry,they pretend to be nymphomaniacs and it works.
The problem is the nympho moves out very quickly and the maniac tends to hang around......big problem!

All the best Alec.......You'll bounce back...........form is temporary,class is forever as racing people say.

Flash Harry Wrote:

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> the same happen with charl and racingweb. some
> time what go around come around?


Flash.... I usually do not respond to these bizarre comments that you post sometimes... but WHAT THE FARK IS THIS ABOUT?

Caxton are merely focussing on their core competencies and Racing was not one of them.... are you implying that Alec dumped Charl and now has in turn been dumped ?? {deep sigh}...{strolls off to bust the bookies.. rubs hands in anticipatory glee}

@Magi:

'are you implying that Alec dumped Charl and now has in turn been dumped ?? '

Maybe, FH is into Karma (sutra)?

()

I am say that Charl work for Alec and get dumped, now same happen to him?

@Magi:

'Caxton are merely focussing on their core competencies '

Caxton is equally a monopoly and has been ruthless with small publishers. It now hides behind BEE!

And Yes! FH is into it (KS): so am I!

Karma is a leveller!