They are complaining because that money hasn't been spent doing much of anything for steem or steemit.com for that matter. It has gone into the pockets of Inc who has done almost nothing with it.
Not only that but they haven't been "strategic" with the selling at all. Selling large amounts when there is liquidity and demand makes a lot more sense then selling the same amount when there is no demand, like now. That makes no sense.
Imagine had they sold large chunks on that run up to $9 instead of selling the same amount they are right now?
They would be well funded and we would remove the largest drag on the steem price currently.
I was being sarcastic.
Ah ok, that makes sense then. I had missed that.