Steelhead, steelfusion expect more migration to India. For connect, pray. But 10% is expected in July if the numbers don’t start going up. 2018 first half was ok, so we are being compared with relatively good quarters in 2018. Just hope the internet slows down so that wanopt can squeeze a bit more.
Bumped from @Y4sTaiB-5eld for info.
SC is already dead. How many times did PM mention it in his video today? How much investment into it lately? In the SF office, we already know that the pivot doesn't include SC. RVBD is grasping at the past and trying to invent a future here, and SC isn't in either.
I think the poster meant that if we keep failing to deliver on Connect it's going to be over before it begins. Stop talking and start delivering a reliable solution with at least the must have features.
I am trying to take this post seriously and with merit, but what does "For Connect, pray" even mean? The SC team couldn't afford to lose a single soul, lol.
People who joined recently probably have negotiated good base salaries.
In any case, the chance of normal employees making money from the liquidation event is almost none. The best case is TB/execs managed to cash out the class A and get +50-60% return. If you have Class A, you don't have to wait for a liquid event to cash out, just leave the company. Common B class stock will worth virtually 0. The 20X ebitda valuation projecting for 2019 is based on the assumption we are a software company, which we are not. 20 * 270 = 5.4b was a lie. network equip ebitda multiples is around 14. We are looking at a more realistic (0.614+0.420)*270=4.4b valuation if we do well in 2019. Your class b will worth nothing in all possible cases.
I would say, forget about the buyout.
Whoever buys Riverbed has nothing to do with any of us. That pathetic below-market base salary is all one can get.
Any guesses who can buy riverbed anyway ipo option is gone
Make wanopt great again MWG$$
Damn, the scum of OPNET cannot be washed cleaned by a superior WanOpt product.
Pipeline may be larger, but I don't know who can attest to the quality of that pipeline. Anyway, most people inside know where we are going to end this quarter.
I am sure I remember it being said that our pipeline of business for 1H 2019 was the highest ever. So I guess if revenue is bad in this H then that speaks volumes.
If it’s a case of we don’t meet an already revised down forecast then it’s bad.
The exodus of sales and others in the recent layoffs bound to have some influence/disruption in my view.
Am beginning to think that the layoffs and subsequent attrition is desired to meet EBITDA so that we can be sold which is probably best/only outcome.
Any shot of an IPO is long gone in my view.
Sorry, I don’t know which teams will be affected when. You can imagine that no one is safe in the long run. HQ/SNVL non-sales was deeply affected in the recent round.
In these situations, personal performance rating doesn’t matter. Question we should honestly ask is - “if I leave will it really impact revenue?” If that answer is no, then we should move on. I myself have been looking around for a long time.
I would like to reiterate that climate change is real. To address this we are aggressively transitioning from a hardware to a software based solution as well as consolidating some of our office space to reduce our overall carbon footprint. This, combined with our fantastic & re-imagined portfolio of solutions, should put us on the right path to sustainable growth.
@Y9uSCKB-2hry which departments will be looked at in June? will it mostly be sales again? Do you know anything about the ISR's in Austin or the renewals team?
Another 10 days to go. As I said earlier first half of 2018 was as good as it gets, so it would be a tough comparison till q2. No surprises here, we will let everyone know if things change. But expect tough headcount decisions in May, to be enacted in June. From there on, I would expect it to stabilize. Few upcoming SaaS/HW launches might help.
Is that a question?
My sale friends tell me our first quarter number are not looking good?
To @Y9uSCKB-1jiw, if I am more specific, I will be outed.
if you guys noticed, rvbds bottom line performance is screwed, we had 1.1b rev in 2014. And now we aim 980m rev for 2019.
When bottomline screws, and you want ebitda to go up. The only way is cost cutting. Layoffs would result lower rev but higher ebitda for certain amout of time. Eventually ebitda goes down again and you have to boost it by another round of layoffs. It looks like we are right on this paths now. forget about innovation and reimagination, realisticly the layoffs will continue 10 percent at a time until a buyer shows up.
It seems reasonable but also seems to not be based on any facts or specific knowledge, unless the poster is actually DM or PM, which is unlikely, this is just an opinion and not inside information.
Yes, layoffs are possible and slow migration to India has been going on for years now. We have missed the numbers many times before and it did not result in layoffs most of the times.
Yawn
Yawn
This was copied (as noted) from another thread from someone posting as "Andy Elder." I sincerely doubt this was Andy's post. The contents of the post however seem reasonable/possible unfortunately!