I didn't see it in the article, but how much did the founders/investors walk away with? If they walked away with a tidy fortune of cash (which I suspect they did), then no: Not an epic fail. An epic win!
Oh, I agree completely! But I suspect the sorts of people who found and fund companies like Demand Media might have more of an "as long as I get paid, everyone else can just go fuck themselves" attitude.
So, yeah, I meant "epic win" from that standpoint. "Fail" from most other standpoints...
I didn't see it in the article, but how much did the founders/investors walk away with? If they walked away with a tidy fortune of cash (which I suspect they did), then no: Not an epic fail. An epic win!