Ned sold the company because he couldn't use the funds for himself because they were promised to the community. In the past 4 years many projects have been created on Steem and many changes have been made to Steem by witnesses. Idk why peiople think witnesses have done nothing and just sit around twiddling their funds while they make a lot of money. Idk why you would even have a problem with that since Sun said he was just here to make money.

Sun's sock puppets have negatively affected the blockchain because they are incorrectly run and even yesterday failed by turning off for a while. One of the witnesses in the top 20 he voted in had to ask help from the old witnesses how to run a backup server because he knew nothing about what he was doing.