Post by
TheKingReturns on Apr 13, 2023 7:39am
Cylance growth was 95%...what happened? here
When cylance was bought for $1.5 billion, the growth under the founder was 95%. Chen and BB mgmt said the growth wwas 95% due to anomaly and didnt expect it going forward (NEGATIVE MINDSET FROM THE START). While crowdstrike was 70-80% growht, it continued enjoying that growth of high 50-70%. Chen can't comprehend high growth because all he knows is how to kill growth and products. that's his mindset. there's nothing he can do about it. this is why i'm saying we need a new attitude CEO that will do hypergrowth like CRWD.
CRWD today is 27 billiion market cap. if we had kept cylance a sub and let founder run the company it would be about 30 billion market cap!!! both founders left Blackberry because clown at BB do not know how to run the company with growth mindset.
The cylance was killed and integrated with BB UEM and products. mind you, no one on earth knows BB is a software company!!!!!!!!!!!!!!!!!!! this is why they don't sell products or have growth because people ust don't .
Chen has a negative attitude....and can't comprehend high growth so he trains his people to AIM low!! in 2027 the after 13 years the revnue will be 1.2 billion while CRWD projecting 4.5 billion in 2025. This is all about growth mindset and not having negative mindset (chen).
Comment by
BenWatsa on Apr 13, 2023 7:42am
Chen has been compensated extremely well by Watsa, to "sabatoge" Blackberry for Watsas personal interests, as Chen works for Fairfax (Watsa) not Blackberry, Watsa is a very corrupt individual with zero ethics or integrity, filthy to the core.