We Just Got VC Funding and Everyone is Quitting! Whiskey, Tango, Foxtrot. WTF? VC funding is not necessarily a good thing! “We just closed a $50 million VC funding round and a bunch of our very best engineers quit. Who would quit when we just received a multi-million-dollar endorsement from an obviously talented, insightful […]
WTF! We Just Got Funded And Everyone is Quitting! Read More »
The euphoria of a new VC financing round (“WE GOT FUNDED”) is only outdone by the equally stupid glee of “We Got A New CEO!” This exuberance is from the same children who think they work at “startups” which are often 10-year-old, multi-VC round “endups” on their last legs. The difference between a startup and
Wow! We Got A New CEO! No Billy, It’s Just Another Of The Bunch Read More »
How VC Backed Software Firms Die A Slow Death As the DevOps VC-funded valuation world collapses, three of its victims have been cobbled together to make something, well, who knows? Meet Digital.ai. Is there a force strong enough to crush three losers into a winner? Can three left turns make a right? Can three ugly ducklings mate
Digital.ai – Can 3 Ugly Ducklings Mate Into a Swan? Read More »
Does anyone remember DevOps? Surely the agile coaches infecting LinkedIn trying to sell their best agile practices are still around. But what about the other citizens, the ones called DevOps software employees? What happened to them? Well, let’s go there for a bit and as we do, let’s bring in our pals from SNYK, an open source
Valuation Disaster Coming To SNYK Employees – Bend Over! Read More »
This month, a little known browser testing company is showing how to use accretive financing, with later-stage VC money as a competitive weapon against overly diluted, E, F, G round venture backed competitors. Using a strong cap chart to gain market dominance against struggling market leaders is a well-regarded, although little reported on, competitive strategy.
Browserstack–Moving To Dominate Browser Testing –Part 1 Read More »
Forbes Article To a human, 10 years old is blissful childhood. According to Shasta Ventures in this Forbes article, 10 years old for a venture-backed, SaaS software company may be late middle age — that age when dreams fade into regrets, all hope diminishes and the prospects of great wealth are gone
Happy 10th Birthday SaaS Company — You Are Now Dead! Read More »
GitLab Says: “Ditch Chef, Puppet, SNYK” Probably a Good Idea! Could there be anything more wretched than rising every morning to sell a DevOps niche tool like Chef, Puppet, SNYK, or browser testing? Just the idea that one has to make a quarterly number by selling to people who sit at community desks, wear cargo
GitLab Says: “Ditch Chef, Puppet, SNYK” Probably Good Advice! Read More »
There comes a time when a company needs to move from direct to mostly indirect or channel sales. For VMware, that time is about now. The VMware sales force is the single most costly line item on its operating statement. Moving this line item from VMware to the existing channel reduces all the expense losing
VMware Needs To Fire Most of its Sales Force – Here’s Why! Read More »
VMware wakes up every couple of years, like the guy in Sleepy Hollow, and finds the world is no longer virtualization-only. In 2013 it awoke to the fact that the cloud was a next big thing and VMware’s customers were fleeing to Amazon and Azure. Off went VMware, spending billions of V-Sphere profits, building data centers
My first call this morning, as I sat reading emails in my favorite Sauce Labs hoodie, was from a large Sauce Labs strategic partner. His comment was “…Sauce Labs is imploding, everyone is leaving.” A bit later in the day, one of their competitors called and said they were receiving all kinds of inbound