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We should stop taking such predictions seriously because it is more focused on investors rather than the company's actually ability to create value. I have wor
by tn13 13y ago
We should stop taking such predictions seriously because it is more focused on investors rather than the company's actually ability to create value.
I have worked with Rackspace since the dot com boom, they were one of the rare companies which actually grew when the bubble burst [citation needed]. It is unlikely that Rackspace will beat AWS or Google in short term but I dont think it is a dooms day either. Any large company will not make the mistake of relying on just one cloud service provider such as AWS (and I dont see why anyone would chose Google for a serious business). I have used rackspace for many reasons and spending around 20% of my infra cost on Rackspace (20% softlayer 40% Aws 20% Mixpanel).
- Kroem3r 13y agoHere's a reason to take the prediction / analysis seriously: The analyst makes these statements, the market joins in, and then management begins to follow along. Not a happy model, nor one that is always followed, but certainly a component of publicly traded companies. It would be fun to have an review of how insightful a given analyst has been. It would also be good to have a proper 'full disclosure' policy.