Remember the famous line from the movie “The Sixth Sense”.... “ I see dead people”
Riverbed has been dead for several years now, it’s just that people did not realize it was dead. They were deceived in several ways and when the former CEO and founder left, that was the canary in the coal mine.
- Do you really think that someone who loved Riverbed as much as he would walk away and see his baby die, unless he knew death was imminent?
- Did you look at the company that purchased Riverbed’s history of acquisitions and think this would be different?
When Riverbed was purchased, it was put in a coma and on life support. All the people who work there did not realize the company was dead as PM and the executives held prayer vigils like SKO to keep the illusion alive.
Once TB secures an equity event, the cat will be let out of the bag and the “Sixth Sense” analogy will finally come to fruition.