onwardly
Joined 16 years ago
Joined 16 years ago
https://www.newscientist.com/article/mg20627561-700-maxed-ou...
The problem still is that middle-class families get stuck in a gray zone. I went to Brown, and my parents made enough (~$110k) that I didn't get financial aid but they also couldn't pay $40k/year.
"I've been using vim for 10 years. I never could figure out how to quit."
Concur became a behemoth in corporate travel, and companies that competed against them or didn't want to work with them eventually had to.[1]
It sounds like you don't know a lot about the corporate travel industry which is fine. I'm sure a lot of people would love to get "conquered" for $8B some day.
[1] http://www.businesstravelnews.com/Business-Travel-Agencies/I...
Steve was easily the most-respected leader in the travel industry- even people that disliked Concur admired Steve. He was articulate, created a clear vision for Concur that they maintained even as they grew like wildfire, and he inspired trust and goodwill with Concur partners.
I get the "oh no, SAP executive" instinctual reaction, but Steve is clearly an entrepreneur at heart and considers himself an entrepreneur (it took them 20 years of grinding and ups and downs to build Concur what it is today).
There was also a comment about him leading the company to exit in 2-3 years. I seriously doubt it. Concur's stock symbol is CNQR which isn't a coincidence. They didn't build Concur to sell it, they built it to conquer, which they had basically done when SAP bought them. Plus after 20 years I imagine $8B sounded pretty good, but I don't think their approach was ever to try to "flip" the company and I doubt he would join Docker if that was the intention in any way.
From the LogMeIn investor release[1]
Under the terms of the transaction, LogMeIn will pay $110 million in cash upon close for all outstanding equity interests in LastPass, with up to an additional $15 million in cash payable in contingent payments which are expected to be paid to equity holders and key employees of LastPass upon the achievement of certain milestone and retention targets over the two-year period following the closing of the transaction.
1. https://investor.logmeininc.com/about-us/investors/news/pres...
From the LogMeIn investor release[1]
Under the terms of the transaction, LogMeIn will pay $110 million in cash upon close for all outstanding equity interests in LastPass, with up to an additional $15 million in cash payable in contingent payments which are expected to be paid to equity holders and key employees of LastPass upon the achievement of certain milestone and retention targets over the two-year period following the closing of the transaction.
1. (https://investor.logmeininc.com/about-us/investors/news/pres...
Online poker isn't as fun when you're consistently losing money- there's no "outside" benefit.