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The Untold Story of Mike Lynch’s Tragic Boat Sinking
The last night of tech mogul Mike Lynch’s life has become fodder for conspiracy theories. For the first time, the whole story can be told.
The British tech giant sold software that could find meaningful signals amid the flood of unstructured data in emails, videos, and phone calls, but it would be better known as the company that allegedly defrauded, and nearly destroyed, Hewlett-Packard. In a postscript to his judgment, Hildyard expressed his “sorrow at this devastating turn of events, and my sympathy and deepest condolences, having come to know and admire Dr Lynch (notwithstanding my findings against him) over the course of a very long trial.” The ruling, which represented a significant reduction from HP’s original $4 billion claim, nonetheless reportedly threatened to bankrupt the estate, estimated to be worth around £500 million. The MAIB analysis, conducted by the Wolfson Unit at Southampton, found that with the keel raised and no sails set, the yacht became vulnerable to capsizing in winds exceeding 60 knots—a threshold crossed in seconds when the downburst struck.
Or read this on Wired