Veeam Company Announcement
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@JaredBusch said in Veeam Company Announcement:
Private equity firms are known to fuck things up.
Public companines responding to quarter to quarter results are known to fuck up.
CEO's are known to fuck things up.
Private companies are known to mis-manage money.Everyone fucks up.
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@StorageNinja said in Veeam Company Announcement:
@JaredBusch said in Veeam Company Announcement:
Private equity firms are known to fuck things up.
Public companines responding to quarter to quarter results are known to fuck up.
CEO's are known to fuck things up.
Private companies are known to mis-manage money.Everyone fucks up.
I don't.
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@StorageNinja said in Veeam Company Announcement:
@DustinB3403 said in Veeam Company Announcement:
I don't.
You sound like CEO material
Gotta aim high. . or be high for that position. I can't recall which. . . because I drove my car in a ditch. . doh!
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Damn. That portfolio page is nuts. I saw 6 that we use here, plus several that I use outside of work and I stopped scrolling like 20 screens down.
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@wrx7m said in Veeam Company Announcement:
Damn. That portfolio page is nuts. I saw 6 that we use here, plus several that I use outside of work and I stopped scrolling like 20 screens down.
Same, I just got depressed at the amount of actual consolidation that there is with that company. ..
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@wrx7m said in Veeam Company Announcement:
Damn. That portfolio page is nuts. I saw 6 that we use here, plus several that I use outside of work and I stopped scrolling like 20 screens down.
Same, completely crazy.
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Are they collectors?
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@DustinB3403 said in Veeam Company Announcement:
@StorageNinja said in Veeam Company Announcement:
@JaredBusch said in Veeam Company Announcement:
Private equity firms are known to fuck things up.
Public companines responding to quarter to quarter results are known to fuck up.
CEO's are known to fuck things up.
Private companies are known to mis-manage money.Everyone fucks up.
I don't.
I remember the last guy that said that to me. It wasn't long (literally 2-3 weeks) before he put the disks back into our backup server the wrong way around and the array fried itself. (long time ago).
The blood drained from his face as the realisation of what he'd done sunk in and the panic set in.Why the MSP needed the server down and the disks out of the array, I don't recall but your now on a countdown to an epic ballsup
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@nadnerB I know right..
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@wrx7m said in Veeam Company Announcement:
Damn. That portfolio page is nuts. I saw 6 that we use here, plus several that I use outside of work and I stopped scrolling like 20 screens down.
Veeam and Unitrends are on that list.
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We just got some Licenses for Veeam here, lol.
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A good friend of mine works for veeam in sales, I wonder if this will affect his job.
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@pmoncho In about a month, we'll be moving our last Unitrends client to Datto. We (as a business) completely dislike Unitrends. From their pricing, to their support, to their constant gimicks to get you to "upgrade" and lock in for another three years. Can't stand them......
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@scottalanmiller said in Veeam Company Announcement:
@VoIP_n00b said in Veeam Company Announcement:
Insight Partners already owns Unitrends ...
And SO much else.
You're not kidding!
https://www.insightpartners.com/portfolio/ -
@JasGot said in Veeam Company Announcement:
@scottalanmiller said in Veeam Company Announcement:
@VoIP_n00b said in Veeam Company Announcement:
Insight Partners already owns Unitrends ...
And SO much else.
You're not kidding!
https://www.insightpartners.com/portfolio/I suspect that they don't own all of those companies, just have investments in each of them.
Even at that level, it's still an impressive portfolio.
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@RojoLoco said in Veeam Company Announcement:
A good friend of mine works for veeam in sales, I wonder if this will affect his job.
They'll be fine (if anything I expect them to grow their sales org).
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@StorageNinja said in Veeam Company Announcement:
@RojoLoco said in Veeam Company Announcement:
A good friend of mine works for veeam in sales, I wonder if this will affect his job.
They'll be fine (if anything I expect them to grow their sales org).
Yeah, no one buys a company like that and lays off sales people!
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@scottalanmiller said in Veeam Company Announcement:
Yeah, no one buys a company like that and lays off sales people!
Ehhhhhhh
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Google does all the #$@% time. (Basically to destroy potential competitors). Precog antitrust actions have killed Inbox, and tons of great products.
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Anytime you buy a "up and coming" storage startup (epecially at fire sale prices), you generally have a lot of B/C sales tallent with hilariously low quota's. You don't necessarily fire them ALL but most of them will not survive in a more mature companies sales org that expects 3 million in sales, not $200K.
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If you buy the company entirely for it's engineering tallent and have a sales org with similar capabilities (Not uncommon in my field). Again, this overlaps a bit with #1.
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If you buy a company for it's IP (sightly different than the last 2). This is normally for litigation reasons and often done as part of a fire sale.
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Your M&A stratagy is to milk existing customers by spiking SnS renewals and cutting sales and support and engineering to the bone. "Sunset stratagy". You do this for under performing stagnent companies to return shareholder value.
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You bought the company purely for physical assets (Land, equipment etc). Normally you wouldn't buy the company in thits case...
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You bought the company entirely for it's Brand (whoever buys ToysRus and rebuilds it will be doing this).
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@StorageNinja said in Veeam Company Announcement:
Google does all the #$@% time. (Basically to destroy potential competitors). Precog antitrust actions have killed Inbox, and tons of great products.
Yeah, but Google doesn't buy companies like this. Google buys little unheard of things, not market leaders.
