I know this is NSers and we make jokes about DPS all the time but damn this hurts to read:
Update: 11.13.19 — Statement from Stephan Drake
I spoke with Stephan earlier today, and in addition to our conversation, he also provided this statement:
“To clarify, the change in control at DPS this late summer was the result of a hostile takeover by a single investor who yielded a large economic hammer. Based on positive growth, an innovative pipeline, and future vision, I had the support of the other investors, the board of directors, advisory board as well as new investors from both inside and outside the industry. Our collective efforts were ultimately blocked.
That is the extent of what I will say regarding the past at this point in time.
After a few months of what felt like mourning a stolen child–– something that I poured my entire soul, creativity and existence into for fifteen years, I am now exploring new ventures. The best brands possess an intense and inherent top-to-bottom respect and loyalty to mission and culture. I am energized to pursue fresh innovation with a tight group of talented people with the right principles and values. Announcements pending in the upcoming months.”
We will be extremely interested to see what the future holds both for Stephan and for DPS.
**This thread was edited on Nov 14th 2019 at 4:39:28pm