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By the looks of it, as long as he continues to reach his numbers he'll have things the way he wants it. Not to say that he got out Scott-free, but in this case
by alttab 16y ago
By the looks of it, as long as he continues to reach his numbers he'll have things the way he wants it. Not to say that he got out Scott-free, but in this case he at least gave himself control over his own destiny.
It was the price he paid to get the company where it was that he was in that bind (a good bind to be in, if you ask me), and the best move he could have made to keep the company and the destiny of the culture in his hands.
(Edit: An argument against this case would be Tivoli. It was bought out by IBM and slowly the cultures merged.)
- irrelative 16y ago...as long as he continues to reach his numbers. The real position he wanted to be in was to be able to ignore short term numbers for long term positioning. I think it's safe to say he can't really do that anymore.
- alttab 16y agoI agree. His move was still better than having the VCs choose the highest bidder leaving him without a company to run. I think he reached a local maximum given his situation.