Rackspace to discontinue discounted services for open source projects
1–10 of 24 posts
Re: Rackspace to discontinue discounted services for open source projects
#2things must be getting bad at rackspace
Re: Rackspace to discontinue discounted services for open source projects
#3Are there any good comparable alternatives?
Re: Rackspace to discontinue discounted services for open source projects
#4things must be getting bad at rackspace
Things seem to have gone downhill since the purchase last year - I remember they laid off a bunch of people earlier this year since they weren’t very profitable. Probably a maneuver to try and turn the money ship around.
Re: Rackspace to discontinue discounted services for open source projects
#5things must be getting bad at rackspace
Yep. Luckily I left before the acquisition. Every single person in my (ex) 11 person team left for other opportunities, including managers. And it was a pretty awesome team :(.
Even the best recruiters left. I mean come on.
They're trying to be a support company for other cloud providers. I'm sure there is a market for that kind of service but not sure how much margin there is to be made.
I keep saying this but: if your company has been acquired by private equity firms, consider moving asap. Most of these firms will strip the company bare, cut expenses to the bone and try to sell the company to someone else for a profit. While this strategy may work very well for traditional manufacturing firms, I'm highly skeptical of software/tech companies.
Its a real shame. Rackspace had some of the best systems engineers I had worked with...
Re: Rackspace to discontinue discounted services for open source projects
#6things must be getting bad at rackspace
Yep. Luckily I left before the acquisition. Every single person in my (ex) 11 person team left for other opportunities, including managers. And it was a pretty awesome team :(. Even the best recruiters left. I mean come on. They're trying to be a support company for other cloud providers. I'm sure there is a market for that kind of service but not sure how much margin there is to be made. I keep saying this but: if y…
> Most of these firms will strip the company bare, cut expenses to the bone and try to sell the company to someone else for a profit. While this strategy may work very well for traditional manufacturing firms, I'm highly skeptical of software/tech companies.
I don't think it works well for any industry. My understanding is private equity has a really bad track record of ruining the long term future of the business it touches. They're just skilled at getting the cash out and selling the business to a chump before things get bad.
Re: Rackspace to discontinue discounted services for open source projects
#7things must be getting bad at rackspace
Yep. Luckily I left before the acquisition. Every single person in my (ex) 11 person team left for other opportunities, including managers. And it was a pretty awesome team :(. Even the best recruiters left. I mean come on. They're trying to be a support company for other cloud providers. I'm sure there is a market for that kind of service but not sure how much margin there is to be made. I keep saying this but: if y…
Same here. I left a few months before the acquisition. I found out about the acquisition through a news article, probably on Reddit, and I contacted a friend of mine still working in Support there about it. I had heard about it before he did, which is a strong indication of how bad (and, IMO, propagandistic) communication had become between the grunts, the revolving door of upper management, and the fat waistband of middle management.
Re: Rackspace to discontinue discounted services for open source projects
#8things must be getting bad at rackspace
Things seem to have gone downhill since the purchase last year - I remember they laid off a bunch of people earlier this year since they weren’t very profitable. Probably a maneuver to try and turn the money ship around.
That layoff happened a couple months after upper management claimed there would be no layoffs.
Re: Rackspace to discontinue discounted services for open source projects
#9Earlier quoted context omitted.
Yep. Luckily I left before the acquisition. Every single person in my (ex) 11 person team left for other opportunities, including managers. And it was a pretty awesome team :(. Even the best recruiters left. I mean come on. They're trying to be a support company for other cloud providers. I'm sure there is a market for that kind of service but not sure how much margin there is to be made. I keep saying this but: if y…
> Most of these firms will strip the company bare, cut expenses to the bone and try to sell the company to someone else for a profit. While this strategy may work very well for traditional manufacturing firms, I'm highly skeptical of software/tech companies. I don't think it works well for any industry. My understanding is private equity has a really bad track record of ruining the long term future of the business it…
I don't think the parent comment disagrees with you on the effect private equity has on the targeted company.
I think the question they were asking was whether a primarily tech company can produce the profits the private equity wants from destroying the company, since tech companies don't have the kinds of assets that, say, a manufacturer does (factories, tools, etc.).
Re: Rackspace to discontinue discounted services for open source projects
#10Hi, CTO of Netlify here,
let us know if you need any help moving out docs, websites or any other web property from there, we'll be super happy to help. Projects like Kubernetes, Docker and React are already using our free offering for Open Source.