I am one of those ex employees that invested in Synamedia post Cisco exit. As an ex employee I get no visibility to how the Company is performing.
So for any others out there in a similar situation, let me know what you are hearing and whether we might ever get our money back.
9 replies (most recent on top)
Why would anyone have invested in Synamedia, is beyond me. Revenues were dwindling and there were no golden ticket ideas on the table.
We have had some tardy senior mangers over the years who were well rewarded for didly squat. So to the opening poster, take it on the chin son and move on. Unless you are interested in buying magic beans of course .
Senza does look like a taking of things to logical conclusion - hope it does well.
Good press coverage on Senza..hopefully they will convert into revenue
The current folks in Marketing have never done anything; they're not going to text Next Hickton how to sell his old ideas.
I really hope Senza saves us but marketing should stop the CTO advertising this as an NDS thought up solution that’s been sat waiting on cloud and hardware technology to catch up. We are better than that.
Hopefully Senza will be our saving grace....
I am in the same boat. I invested for B shares round in 2021. I believe from my sources that the shares are still "under water," so currently have little value
No...I resigned so wasn't an option....would be great if this forum would be less emotive and more balanced covering strengths and weaknesses with equal vigour
The spin-out was before my time. It would be interesting to hear more background on this.
You can read other items on this page to get a reasonably fair assessment of the state of the company.
Having read those it is difficult to believe a you will see a return of your capital, let alone a return on your capital, any time soon, if ever.
Were you not able to negotiate something as part of your exit package?