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663

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[–] 4 pts (edited )

Oh I remember now-- It had something to do with PuttItOut, who was the CEO of Voat. Lotta shady behind-the-scenes stuff went on with an angel investor that Putt alluded to, but couldn't say. Maybe another previous goat could chime in because I didn't document or even keep track of the whole thing. A lot of people thought Putt sold out. I personally think that every man has his price, and sometimes that price is his reputation or his family.

The implication is that Kape's holding company was the angel investor of Voat, and was privy to anything being discussed between members on the site (DMs), and had tremendous influence in moderation. And could say "oy vey shut it down" any time they wanted.

[–] 1 pt

PIA was Voat's angel investor. They eventually breached their contract with Putt by unilaterally ceasing funding. Putt wasnt willing to sue them for breach of contract, funded Voat himself for a bit, then shutdown the site.