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> An investigation by the agency found that, “beginning in fiscal year 2019, VMware began delaying the delivery of license keys on some sales orders until just
by luispauloml 4y ago
> An investigation by the agency found that, “beginning in fiscal year 2019, VMware began delaying the delivery of license keys on some sales orders until just after quarter-end so that it could recognize revenue from the corresponding license sales in the following quarter [...] building a buffer in those periods and obscuring the company’s financial performance as its business slowed relative to projections."
This seems very similar to what became known as "fiscal pedaling" in Brazil¹ when the government delayed repayment from Treasury to state-owned bank to hide increase in government expenses. This became the legal argument for the impeachment of the Brazilian president in 2016.
¹ https://en.wikipedia.org/wiki/Fiscal_pedaling https://en.wikipedia.org/wiki/Fiscal_pedaling