Rubinstein on HP’s purchase of Palm: “Talk about a waste”

Jon Rubinstein, former CEO of Palm: “Well, I’m not sure I would have sold the company to HP. That’s for sure. Talk about a waste. Not that I had any choice because when you sell a company you don’t get to decide that. Obviously, the board and shareholders decide that. If we had known they were just going to shut it down and never really give it a chance to flourish, what would have been the point of selling the company? I think the deal we had with Verizon really hurt us, but who knew that at the time? These things are all hindsight.”

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