former employee, had a great time working there. however, after Elliott made his initial offer to purchase RVBD, egos got in the way of the fabulous reputation that RVBD had built up over the years. At our annual SKO, on the day the RVBD CEO declined the Elliott M&A offer, the CEO gloated that he waited until the very last minute to decline as "sometimes making your opponent wait is the best revenge!" For a full year, we would receive these great TED-like speeches telling us how great we were, lets keep up the good work and cries of "Let's do it for our CEO" were our daily mantras. for a full year however, the CXOs became less engaging, they hired more EVPs, they issued more stock to the managements teams and then..in Dec '14, the axe started to fall.
in a previous week, they brought sales teams together and told the 'they were the engine that drives this company" and then on the following Monday, the layoffs began. Just a few weeks ago, RVBD promoted a ISR teams to Territory Sales Managers and then let a lot of them go. Today, with RVBD going Private, it's not so much that that's the way the world works in tech. Rather, what could have been a great chapter in technology, what could have been the elegant transition from technoogy life cycel to another, things merely turned into a textbook example of misleading people, good people, putting in 12 hours days "...for our "CEO", and things nosedived into an "everyone for themselves" goodbye! We all drank the Jerry-juice. Too bad.