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Pat completely missed the boat on building a VMWare cloud when AWS started taking off. Can't say I'm enthused for Intel.
by atlgator 6y ago
Pat completely missed the boat on building a VMWare cloud when AWS started taking off. Can't say I'm enthused for Intel.
- hodgesrm 6y agoHe recovered from the mistake. The drop in VMW share price on news that he's leaving shows what the market thinks of his affect on VMW value.
- hntrader 6y agoCEO departures almost always cause a drop in the share price, usually not because the CEO is considered great but investors perceive it to signal private information about the state of the company
- ghaff 6y agoHe didn't become CEO of VMware until 2012 which is 6 years after AWS launched. Even if VMware had decided to directly go after AWS, they would have started way behind. Also, for good reasons and bad, it's unclear to me that would have been a great move. IMO, you can look to other trends they could have latched onto more quickly that would have been better fits.