I don't think it's the buyer that failed to do their due diligence in this case. At the very least it's probably far more likely our dear mister piche, much like some manner of furry Gregor Samsa, will awaken one morning to find he has transformed into a nobody, with the site entirely removed from his grasp and no recourse.
Also I have to wonder if this means he's somehow a full-time employee of IMVU now; like the whole thing was just a scheme to get himself a paying job doing fuck-all but "maintaining" the site. And if that's the case, does that mean he can't even hold down a simple computer janitor position any more?
The more he opens his mouth, the more painfully obvious it becomes that he does not understand what he has done. Like most of the other tech jargon he blurts out on a regular basis, I don't think he understands what an "acquisition" means, or perhaps he is just having a really hard time adapting to the fact that he no longer owns the site. His stomping around and yelling "NO! They won't!
" almost comes off as if he's in denial, shouting to drown out the thought that his decade long ego trip is about to come to it's conclusion.
I think the extent of IMVU's due diligence was realizing they found a complete sucker who was going to give them what they want without a fight. His due diligence was huffing around thinking he's smart enough and know's what's "good" and "bad". It's been mentioned before, but the fact he wasn't sure what the transaction documents involved and had to ask the CEO of IMVU for clarification is a giant fucking red light itself. He clearly did not run it past a Lawyer or bother to read it very carefully.
The site is now owned by a company with a Board of Directors that represent various venture capital groups, all with an immense amount of experience running businesses. The idea they'd keep Piche in any position where he is directly in charge of a product for any period of time is absolutely ludicrous. I expect that once they figure out how they want to "move the community forward" and notice the site is costing much more to run than it's making, they will start putting people above him until he moves far enough down the totem pole that he's nothing. I suspect he will quit "in protest" over whatever they do before they can fire him, his one last gasp before becoming irrelevant and returning to his career as Computer Janitor.
Based on what he was saying when he was working at Amazon, which was along the lines of "I have
to work 12 hour shifts" etc, he may have finally reached the point where FA was costing more than he could afford. What with the constant moving, new house, and surprise trips to pick up cats that Sciggles collected. He saw an out and jumped on it without thinking, much like he's done in the past with just about every choice he's ever been given. I would suspect that he's getting paid for the time being to fuck around and create an excuse for them to get rid of him later. I just wonder what he will do when he finally realizes he fucked himself, his "friends", and his community over