x
<<   <   Page 7 / 27   >   >>
lightbay 12/5/2012 | 1:33:25 AM
re: Cisco to Pay $89M for Procket Assets Tony:

Since it is not likely there will be any new router startup in the future, and you are such a workaholic, is there a chance you will go back to Juniper or Cisco ? or you will changce career to join Google ?
lightbay 12/5/2012 | 1:33:25 AM
re: Cisco to Pay $89M for Procket Assets Procket started to be the next Juniper, never realized!

Now, the interesting question for Tony Li is: if Procket were created at the same time of Juniper, which one would have been the better one ?

$89 millions for everything Procket got, remember in 2000, one early Procketeer was talking about some day this might be a $10Billion IPO, he believed core router company's valuation should be so high. I then interviewed there, but did not join since they didn't give much options anymore in 2001.

Time changes so fast, Procket was supposed to be worth much more than the likes of Timetra ($135m to Alcatel), Force10, Allegro(gone), Amber ($400m to Nokia), and a bunch others sold to Ciena, each for 1/2billion.


Tony Li 12/5/2012 | 1:33:24 AM
re: Cisco to Pay $89M for Procket Assets Tony, if you were still at procket, would you have agreed to work for cisco again?

I think I know the answer already, but amuse me please ...


It would depend very much on the specifics.

Tony
Tony Li 12/5/2012 | 1:33:24 AM
re: Cisco to Pay $89M for Procket Assets So just how many people have been fscked over again by the procket board? The ones who wasted 5 years of their life on lies at all hands meetings by management, the board and interim CEO's... The ones who were gullible enough to purchase their options AFTER being layed off beacause of lame promises ...

Once again, in procket culture only the top engineers got anything out of this deal. Everyone else is crapped on even though they played there part in the creation of the product (even if it couldnt be sold).


While I'm not familiar with the gory details, I would be very surprised if even the top engineers get anything out of this other than a job at Cisco and something that looks about the size of a paycheck.

Tony
gotman 12/5/2012 | 1:33:22 AM
re: Cisco to Pay $89M for Procket Assets >While I'm not familiar with the gory details, I >would be very surprised if even the top >engineers get anything out of this other than a >job at Cisco and something that looks about the >size of a paycheck.

Gee Tony, i know these guys might be shit hot with there stuff... But don't you think a job and anything which looks like a salary is enough to get them jumping off a sinking ship? For those negative about this deal, how about you leave your thoughts aside for a bit and think about the 250+ people who would have needed to look for a job?

Ok Cisco didn't hire the whole lot, but its a life line for more then 60% of the employee's at procket. I'm sure these guys have families too.
Tony Li 12/5/2012 | 1:33:22 AM
re: Cisco to Pay $89M for Procket Assets In the last 2 answers of your CNET interview you talk about the importance of optical traffic engineering in the future for carriers. What do you know about Broadwing and Corvis' success with their network? Any insight you have about Corvis would be hugely appreciated. TIA

Sorry, I don't know enough about that specific case to have an intelligent opinion.

Tony
Flower 12/5/2012 | 1:33:21 AM
re: Cisco to Pay $89M for Procket Assets Mark Showalter wrote:

I'm sure there is some unease at Procket over this, especially from those that have purchased their options, that's gotta hurt.

I wasted 2 years of my life. Got over that a while ago. I gave up a good career at another company to join Procket. I bought my options because I was "advised" by HR that would be a smart move. I lost more than a year's worth net salary, almost two years. Small victory, my ass.

I had realized all this already a long time ago. Still it is a bit painful to be confronted with these facts again.
Tony Li 12/5/2012 | 1:33:20 AM
re: Cisco to Pay $89M for Procket Assets
To a drowning man, a life ring is as good as an island. I agree that this is better than absolute zero. But at the same time, I don't think that there's any reason to resent the folks that did get picked up by Cisco.

Tony
diag_eng 12/5/2012 | 1:33:20 AM
re: Cisco to Pay $89M for Procket Assets More to the point, since Randall left, the board (i.e., the investors) have been running the company anyhow.

Surely you jest. The last decision the board made was to hire Acra. Cisco was running the show once he started. Clearly, Acra was placed in Procket to clean it up for the merger -- most likely to the board's delight.
gotman 12/5/2012 | 1:33:19 AM
re: Cisco to Pay $89M for Procket Assets >After Cisco, Juniper, Avici.....
>What companies remain in the core routing >business ?

Caspian is still in the ring, but can you tell me why you need more then these 3-4? Avici isn't really in there nor is Caspian, they just get by. But why do we need more then three anyway? No room, no money and they will build something which others already have... The biggest problem with Procket wasn't really its Technology or the wrong router. It was just the wrong time and an unproven track record.
<<   <   Page 7 / 27   >   >>
HOME
Sign In
SEARCH
CLOSE
MORE
CLOSE