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cyclical 12/4/2012 | 10:54:47 PM
re: Washout Rains $53M on Pluris source:thedeal.com
Kennedy claims Pluris is from nine to 18 months ahead of competitors. It is in lab trials with four groups, including Germany's Deutsche Telekom and bankrupt Global Crossing Inc. of Bermuda
---------------------------------------------
any body confirms that DT and GX showed the door already to pluris?????
But time has changed, I think they have to be ahead of 36 months now :)
diag_eng 12/4/2012 | 10:54:46 PM
re: Washout Rains $53M on Pluris >> Will there still be acqs? You bet. Is the >>
bloodbath over? Not by a long shot.

==================================================
I agree - there will be some acqs, but only for companies with revenue. For example, John Chambers said Cisco will only acquire companies with revenue.

Startups that aren't generating revenue, but have compelling technology will be shut down, and at best, will be liquidated. With liquidation investors may recoup some of their money, but the employees will get stiffed.
trixie 12/4/2012 | 10:54:44 PM
re: Washout Rains $53M on Pluris I wonder what would happen if these engineers would regroup and form a union. Because the way things work right now, nobody looks out for the employee's interests.
_________________________________________

Oh my, how times have changed. Let's see, they did mention you were joining a startup, right? there's some up front risk associated with that. Ok, how about salary? Pretty generous, compared to the masses at large. Benefits? Usually top notch in this sector. Oh, and they gave you options, too?

Geez, sounds like a slave labor camp they've got going there.

Options are like scratch tickets- they may be worth something, but there is no guarantee. Now you think an engineering union is going to guarantee options, and guarantee their future value? Puh-leeeze...

Maybe it's just me, as I'm an old fart, but I seem to recall working for a wage, saving my money, and taking care of myself.

Comments such as yours tend to irritate me, as somehow it becomes someone else's responsibility to look out for your well-being, and their fault when things don't work out.

"If you want to make an omelette, you've got to break a few eggs"...remember who said that one?

Take the risks if you want, but please don't whine when things don't work out..

/rant
trixie 12/4/2012 | 10:54:44 PM
re: Washout Rains $53M on Pluris I wonder what would happen if these engineers would regroup and form a union. Because the way things work right now, nobody looks out for the employee's interests.
_________________________________________

Oh my, how times have changed. Let's see, they did mention you were joining a startup, right? there's some up front risk associated with that. Ok, how about salary? Pretty generous, compared to the masses at large. Benefits? Usually top notch in this sector. Oh, and they gave you options, too?

Geez, sounds like a slave labor camp they've got going there.

Options are like scratch tickets- they may be worth something, but there is no guarantee. Now you think an engineering union is going to guarantee options, and guarantee their future value? Puh-leeeze...

Maybe it's just me, as I'm an old fart, but I seem to recall working for a wage, saving my money, and taking care of myself.

Comments such as yours tend to irritate me, as somehow it becomes someone else's responsibility to look out for your well-being, and their fault when things don't work out.

"If you want to make an omelette, you've got to break a few eggs"...remember who said that one?

Take the risks if you want, but please don't whine when things don't work out..

/rant
xxxx1455 12/4/2012 | 10:54:43 PM
re: Washout Rains $53M on Pluris When I see VCs coming to the board meeting, I can't help but to wonder how these young guys can make good decisions at the board level. I mean we have a CEO who has gray hairs and tons of industry experience, and he has to go to these young VCs in their 30s and appeal his case.

These VCs are the ones who were in business school, doing not much work but networking with others, learning how to talk the talk. No wonder we are in this mess!

I don't think all VCs are stupid, but I bet most of them are.

--------------------------------------------------

You have the wrong VCs. Your VCs value add was just the money, but if they show up for board meetings they are probably undoing their value. Good VCs who add more value than just a wad a cash are older, been their done that kind of guys. Ex CEOs and people who have built or helped to build succesfull companies from scratch themselves.

Joe
xxxx1455 12/4/2012 | 10:54:42 PM
re: Washout Rains $53M on Pluris Oh my, how times have changed. Let's see, they did mention you were joining a startup, right? there's some up front risk associated with that. Ok, how about salary? Pretty generous, compared to the masses at large. Benefits? Usually top notch in this sector. Oh, and they gave you options, too?

Geez, sounds like a slave labor camp they've got going there.

Options are like scratch tickets- they may be worth something, but there is no guarantee. Now you think an engineering union is going to guarantee options, and guarantee their future value? Puh-leeeze...

Maybe it's just me, as I'm an old fart, but I seem to recall working for a wage, saving my money, and taking care of myself.

Comments such as yours tend to irritate me, as somehow it becomes someone else's responsibility to look out for your well-being, and their fault when things don't work out.

"If you want to make an omelette, you've got to break a few eggs"...remember who said that one?

Take the risks if you want, but please don't whine when things don't work out..

/rant

--------------------------------------------------

trixie,

EXACTLY!!!

IGÇÖm not an old fart, but if I were, maybe I wouldnGÇÖt be so embarrassed by my generation.


wayland_smithy 12/4/2012 | 10:54:41 PM
re: Washout Rains $53M on Pluris Hmmm, Lab trials with DT & Global Crossing.....along with BT UK labs & Williams, this could be any startup claiming successful lab trials - I thought it was obligitary in the industry to donate a piece of equipment to these guys. In fact, I don't think I can name any company that hasn't got a piece of equipment in one of these 4 carriers....
netskeptic 12/4/2012 | 10:54:41 PM
re: Washout Rains $53M on Pluris
> Ex CEOs and people who have built or helped to
> build succesfull companies from scratch
> themselves.

It seems me that you are implying that there were hundreds of communication companies, whose success was something else than a simple buble riding.


Thanks,

Netskeptic

Blow it out your Glass 12/4/2012 | 10:54:27 PM
re: Washout Rains $53M on Pluris I know you don't I?

I find myself 2 1/2 years vested in one of those late stage start-ups facing a possible $90M valuation, would you advocate jumping ship to a newly funded start up at this time? Lot's of variables I know but I'd like to get your point of view on this.

Blow it out your Glass 12/4/2012 | 10:54:27 PM
re: Washout Rains $53M on Pluris AMEN!
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