RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Ouch…that hurts
KBB161718192030 wrote: Hedge:
When it is obvious that the goals cannot be reached,
don't adjust the goals; adjust the action steps.
The magnitude of opportunity lost due to the arrogance of Gone When during his second contract is immeasurable.
I'm with Wolf on this one. Not that I wouldn't like to debate, it's just that the use of ad Homs makes any argument not worthwhile.
You did bring up one thing though, that being ' don't adjust the goals' . Don't know if you ever looked at that form CRWD filed with SEC when they went public. CRWD said in it that they had never made a cent prior to the ipo. Two years later, same crew and now extremely wealthy, does that look a little fishy?
Just my opinion but I believe that Crwd's goal may have changed that first day. Not one of being the best cyber security company on the planet but to become the cash register for a host of hedge funds and institutional lenders. They even permit them to naked short the stock, wtf? With their backing Crwd has managed to be a financially rewarding company for not only its shareholders but for the people who once aspired to be the best at cyber security.
IMO...By changing goals they may have lost focus on what their original intent was, to be the best at their craft. What happened? Did they strike a deal with the devil? Are they guilty of perpetrating a fraud? Are they a sham?
IMO John Chen has not lost focus, taking his lumps and everything CRWD's buddies can throw at him. But he's now #1 at his craft. His goal was to be number one in cyber security and he stayed with it. I couldn't care less what he earns if he's reached his goal and I have every confidence that he'll do keep BB the best. If he gets what's coming contractually then I know I made the right investment decision..