Thread regarding Riverbed Technology Inc. layoffs

The company still have 2B debt to pay off

It needs to be valued at at least 5.5B so your common stock worth more than $0.

We are now one of the top 3 OLDEST portfolios in TB's hand because of the company's way too under-performed. Majority of TB's companies are bought later but sold earlier than RVBD, check out solarwind, sailpoint or just looks at TB's news. If you recall PM has till end of 2020 to bring ebitda to 400Million, that must be his contract as the new chief and things are not going well. Watch out my RVBDers friends, things can go very, very wrong at this point and the value of your common stocks are getting closer and closer to VOID as the debt accumulates and the global economy slows down. If you are any good, jump ship, there are at least 100 companies in the bay area that can pay you better and gives 10x better job security.

If you dream about buying a Porche with the money from the company going public, Airbnb/Uber/Slack are probably better choices.

@XGbmHyn-2ory makes a good point.

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| 5631 views | | 10 replies (last February 27, 2019) | Reply
Post ID: @OP+XIedUoo

10 replies (most recent on top)

Lol, didn't PM mention 5.4B in meeting. So $0 for class-B ? Well done guys.

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Post ID: @7wqw+XIedUoo

sh is like windows to msft. It will keep shrinking but will not disappear.

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Post ID: @3mcj+XIedUoo

SH I can see prob. Microsoft. But who will buy Connect and Fusion? Those 2 lines are underwater (more headcount expense than revenue)

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Post ID: @3icj+XIedUoo

It's over for Riverbed. Company technology is being sold and the staff all fired.

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Post ID: @3qfl+XIedUoo

First clue was no sales kickoff in January due to RIF which was planned late last year. Prediction -- layoffs are so that company can get lean, look profitable on paper, then be sold. Time to start looking elsewhere people!

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Post ID: @1hkn+XIedUoo

I'm in field sales and was let go today. Good luck Riverbed! It's been a good run.

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Post ID: @alk+XIedUoo

Octopus

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Post ID: @rtk+XIedUoo

I like

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Post ID: @zmi+XIedUoo

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