To save anyone else from staring at the page for a minute (wondering if it's linked just because it looks like 1992 called, not knowing what the "sec" USA government department does or what an S-1 form is): PagerDuty seems to be going to the stock market.
PagerDuty S-1
121–130 of 194 posts
Re: PagerDuty S-1
#122I set my PagerDuty to the meow sound and I often refer to our processes as meow driven development as in I don't like my phone to meow desperately.
If I worked in the same office as you I would 100% play Jingle Cats when walking past. If I don't change my page sound frequently enough I start getting a weird Pavlovian response.
I had to do the same with my alarm clock, and eventually settled on talk radio because it didn't seem to cause the same effect.
Re: PagerDuty S-1
#123Earlier quoted context omitted.
Maybe, but people who actually know what they're talking about have only been saying it recently.
> citation needed
Getting off the news headlines, market prices for the last couple of years were broadly consistent with Fed interest rate projections -- slow but consistent rate raises last year and in 2017. That is no longer the case. Now the Fed has backed off the pace of raises and is (IIRC) projecting zero or one for the rest of the year, and markets are projecting rate cuts for the first time in a long time. If people think the Fed will need to cut rates, it's because they think inflation will be down, likely due to lower wage pressures from a softer labour market etc.
Other things: some market indicators have "gotten better". P/E multiples and similar metrics were historically high and have trended down (both due to price drops and earnings increases.) Blame interest rates rising last year IMO, why wouldn't ratios be high when rates are low? They're still high, but not worryingly so.
TBH I don't give much thought to the Chicken Littles. Maybe we'll have a technical recession this year or next, maybe due to trade, maybe due to China or Germany, but for the moment I think people in the markets broadly agree that things are long-run pretty healthy. Famous last words, I guess.
Re: PagerDuty S-1
#124I set my PagerDuty to the meow sound and I often refer to our processes as meow driven development as in I don't like my phone to meow desperately.
[1]: https://grist.org/climate-energy/these-new-high-res-photos-o...
Re: PagerDuty S-1
#1252017: $79.6M revenue, ($38M)in losses. 9 months of 2018: $84M revenue, ($34.5M) in losses. Costs seem generally under control except the significant growth (+66%) in G&A expenses. Why the hurry to IPO?
> Why the hurry to IPO? ITT: "A profitable tech company going public while there is still growth potential? Is this a scam?" Aside from the liquidity and valid option of getting a funding round from underwriters has this seriously become a foreign concept in this market?
Seems reasonable to ask why they'd do it to me. I certainly wouldn't assume it's a "scam", but I don't think going public is the obvious good that (I hear) it once was.
Re: PagerDuty S-1
#126PagerDuty feels like abandonware. It hasn't changed in the last 4-5 years.
Well compared to victorops it's 5 years ahead. We recently switched off victorops to PD. The victor-ops scheduling UI is crazy clunky. Also PD seems to page faster, and the mobile app is better.
Re: PagerDuty S-1
#127Earlier quoted context omitted.
Agreed, too many good open source solutions now. No one thinks of alerting as paging anymore. You can use email to text now, chat solutions like Slack/Mattermost/etc. You no longer need an SMS gateway and if you do then Prometheus supports Twilio. All PagerDuty has going for it is a sales team trying to get managers to sign up for a service before exploring alternatives.
I swear half the time my Slack notifications don’t go off on my phone. Even with background refresh on. I would never trust that service for critical alerts. As in, you need to wake up and fix this now. I’ve run my own monitoring solutions. My own Asterisk systems. Even my own Twilio integrations. You are grossly oversimplifying what is needed to create and maintain those systems. For many, PagerDuty is absolutely wo…
Re: PagerDuty S-1
#128Why would any sane person buy shares with this power vested in the board "authorize our board of directors to issue, without further action by the stockholders, shares of undesignated preferred stock with terms, rights, and preferences determined by our board of directors that may be senior to our common stock;"
https://alerts.davispolk.com/10/3818/uploads/2018-non-contro...
Re: PagerDuty S-1
#129I set my PagerDuty to the meow sound and I often refer to our processes as meow driven development as in I don't like my phone to meow desperately.
If I worked in the same office as you I would 100% play Jingle Cats when walking past. If I don't change my page sound frequently enough I start getting a weird Pavlovian response.
Re: PagerDuty S-1
#130Why would any sane person buy shares with this power vested in the board "authorize our board of directors to issue, without further action by the stockholders, shares of undesignated preferred stock with terms, rights, and preferences determined by our board of directors that may be senior to our common stock;"