"That's one way to view it. I'd say it was a pretty expensive, unimpressive effort."
Feel free to offer a different set of recommendations that would've turned it around..
"Just because you read a couple of articles on HN about activists wanting to see profits"
Just discovered HN recently. Try most articles in the media and finance people they interviewed. People were either impressed with their consumer value or talking about how they were a failed business in the making. Rarely saw an exception when the name came up.
Could've been some media bias that made it appear one way while real opinion of investors was different.
Look up Publix or Costco for an example of stakeholder model working in low margin industries. Probably could work in high margin tech.
http://www.forbes.com/sites/briansolomon/2013/07/24/the-wal-...
"That's one way to view it. I'd say it was a pretty expensive, unimpressive effort."
Feel free to offer a different set of recommendations that would've turned it around..
"Just because you read a couple of articles on HN about activists wanting to see profits"
Just discovered HN recently. Try most articles in the media and finance people they interviewed. People were either impressed with their consumer value or talking about how they were a failed business in the making. Rarely saw an exception when the name came up.
Could've been some media bias that made it appear one way while real opinion of investors was different.