No bonuses and meagre compensation.
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hope so too. cash out and move on.
I hope Kennelly's departure paves the way for a sale/IPO of the company sooner rather than later.
Don't think there was ever a reference to another private equity firm taking over. Don't dream and get your hopes high..
Agreed I was not happy with the two year comment which extends his previous worse case timeframe of Oct 2019. I have heard twice now online and in that conference call about another private equity company taking over. I would welcome a liquidity event of any kind to cash out and move on. If nothing happens by mid year I will be looking for the exit(either an S-1 filing or takeover).
JK says hold tight for another two years. Seriously, jump the boat guys. When they can't do this year which is supposed to be a bumper year for stock markets., no guarantees they will do in two years, who knows what the economy will be then..
"we need 3 good quarters and success in sdwan" is what JK said.
I didn't get the warm and fuzzies today at the SKO that the IPO is going to happen this year. Jerry did mention going public but he said sell alot in 2018 and he would make it happen.
Clarification "5 to 6 months to IPO date after S-1 is filed".
I heard that Jerry said he needed 3 good quarters in a row before he could file for IPO. Q317 and Q417 are looking good. Q118 is supposedly shaping up good. So that is 3 quarters in a row. Plus Q217 was slow so Q218 will have a weak prior year to compare against which should make it look good.
Last IPO only took 5 months to prepare and 6 months is standard. So by March/April something would need to be announced to get it into the Sept/Oct window. If nothing is announced by May then it will be 2019.
Jerry has stated in the press that an IPO would happen no later than Sept 2019. I hope it happens in 2018 while the financial markets are seemingly on the upswing.
youll be granted some shares at/above certain levels as "bonus".
TB owned sailpoint IPOed this November(claimed working on ipo filing back in feb).
So roughly 9 months in prep mode before going IPO. Jerry said he wanted to ipo the company next year, 2018. Then we should be expecting some news at latest in Feb, from 2017 Q4 or 2018 Q1 meetings? If no news come out, then we are off the plan.
all pure personal guesses don't take too serious