There's nothing wrong with guessing, just be clear that it's a guess and not an attempt to represent known facts. I don't know if the comment got edited or just reads more clearly on a second pass, but at first it felt ambiguous.
People are booing because HN commenters generally kind of meritocratic and lowkey idolize company leaders. It's an unpopular opinion here, but executives aren't in their positions because they are smarter than everyone else, or better at business, or have better product ideas. They're generally there for less meritocratic reasons: They went to the right prep school and college, they were friends with the right people already in the executive class, they rubbed elbows with other business leaders in MBA school, they golf at the right country clubs. Then they get that sweet VP title and fail upward all the way to retirement.