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Cisco Is Said to Have Offered $7B-Plus for DataDog

bloomberg.com

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Re: Cisco Is Said to Have Offered $7B-Plus for DataDog

#31

Post by zenlikethat »

ChuckMcM wrote: post #8

I always wonder in these situations if there is a counter of the form, "Sure, we'll take the cash, up front please, and nobody on the team will be required to go with the company." Most people assume that this sort of demand would 'kill the deal' but sometimes there are exceptions. The reason I wonder about this is because it could create what is essentially a very wealthy core team that can already work well togethe…

What else are you paying $7B for if not the people? If I’m an acquiring company, I’m not optimizing for creating a very wealthy team that will leave and create another company. I want that team to work for me.

Re: Cisco Is Said to Have Offered $7B-Plus for DataDog

#32

Post by dev_dull »

Swizec wrote: post #25
Railsify wrote: post #15

Earlier quoted context omitted.

I would expect this exactly. Why work at all when I can drive my Ferrari collection, all damn day.

> Why work at all when I can drive my Ferrari collection, all damn day. That's fun for a week, maybe even a month, then you'd get bored. Humans need purpose and we like structure. Complete freedom terrifies and unsettles us. Source: All my life I wanted nothing but to have enough cash in bank to take a year off and do whatever. When I got it ... at first I panicked, then I considered the boundless possibilities, then…

You should take that year off and travel.

Re: Cisco Is Said to Have Offered $7B-Plus for DataDog

#34

Post by dev_dull »

nodesocket wrote: post #12

I am very keen on picking up some $DDOG shares tomorrow when it IPO'S. As part of my DevOps consultancy I recommend DataDog to nearly all my clients. They check all the boxes in one unified platform: [X] Server / cloud resource monitoring and alerting [ https://www.datadoghq.com/dashboarding/ ] [X] Logging [ https://docs.datadoghq.com/logs/ ] [X] APM (application performance) [ https://docs.datadoghq.com/tracing/ ] […

The licensing costs were never feasible for me. What size shops do you typically consult for?

Re: Cisco Is Said to Have Offered $7B-Plus for DataDog

#35

Post by meddlepal »

Railsify wrote: post #21
meddlepal wrote: post #18

Earlier quoted context omitted.

I'm not a millionaire but I play golf and belong to a prestigious country club (US Open and Ryder Cup host) with plenty of millionaires in the membership list. Sitting at the bar over the years and chatting with these folks that don't need to work a lot of them do work for a handful of reasons: 1. They're bored and want some challenge. 2. They can't stand being near their wife, husband or kids. 3. They like making mo…

I'm golfing Saturday, at a local public course.

You anywhere near Boston?

Re: Cisco Is Said to Have Offered $7B-Plus for DataDog

#36

Post by mandeepj »

nodesocket wrote: post #12

I am very keen on picking up some $DDOG shares tomorrow when it IPO'S. As part of my DevOps consultancy I recommend DataDog to nearly all my clients. They check all the boxes in one unified platform: [X] Server / cloud resource monitoring and alerting [ https://www.datadoghq.com/dashboarding/ ] [X] Logging [ https://docs.datadoghq.com/logs/ ] [X] APM (application performance) [ https://docs.datadoghq.com/tracing/ ] […

> I recommend DataDog to nearly all my clients.

Big difference in commentary in today’s thread and following one

https://news.ycombinator.com/item?id=20782870

Re: Cisco Is Said to Have Offered $7B-Plus for DataDog

#37

Post by xarope »

Railsify wrote: post #15
aggie wrote: post #9

Earlier quoted context omitted.

A core team of pre-millionaires won't necessarily, or even likely, work the same as a core team of post-millionaires.

I would expect this exactly. Why work at all when I can drive my Ferrari collection, all damn day.

That gets old, really fast (source: my experience hobnobbing w/the wealthy). If you've not noticed the trend, the rich now want to climb mountains, run ultras etc. I think it's hard to turn off the type A personalities that enabled them to get where they got to in the first place

Caveat: that's the rich who are self-made. The rich who are 2nd/3rd generation on the other hand, can spend money like there's no tomorrow (source: my experience hobnobbing w/the wealthy haha), and an entire industry has grown to "suport" their needs (swiss watch not enough? here's a swiss watch with diamonds... cartier diamonds, thank you very much. $20 organic, grass fed burger not good enough? here's a truffle infused, foie gras embedded burger for $100, TYVM... ad nauseum).

Re: Cisco Is Said to Have Offered $7B-Plus for DataDog

#38

Post by meddlepal »

winrid wrote: post #26
meddlepal wrote: post #18

Earlier quoted context omitted.

I'm not a millionaire but I play golf and belong to a prestigious country club (US Open and Ryder Cup host) with plenty of millionaires in the membership list. Sitting at the bar over the years and chatting with these folks that don't need to work a lot of them do work for a handful of reasons: 1. They're bored and want some challenge. 2. They can't stand being near their wife, husband or kids. 3. They like making mo…

Responsibility gives meaning to your life too

That depends on the individual.

Re: Cisco Is Said to Have Offered $7B-Plus for DataDog

#39

Post by tomnipotent »

Lazare wrote: post #13
buraequete wrote: post #7

Can't wait for the bubble to burst... Wherever you look, there are generic overvalued companies

Although fair enough in general, New Relic is public with a market cap of $3.5b, and given my experiences with New Relic and Datadog, I wouldn't be surprised if Datadog was easily worth twice New Relic. :) (Certainly they're a lot more than twice as nice to use ...)

I would imagine a non-trivial amount of revenue for most SaaS businesses is highly dependent on VC-funded startups. If VC money dries up, expect all SaaS businesses to suffer.

Re: Cisco Is Said to Have Offered $7B-Plus for DataDog

#40

Post by dx034 »

zenlikethat wrote: post #31
ChuckMcM wrote: post #8

I always wonder in these situations if there is a counter of the form, "Sure, we'll take the cash, up front please, and nobody on the team will be required to go with the company." Most people assume that this sort of demand would 'kill the deal' but sometimes there are exceptions. The reason I wonder about this is because it could create what is essentially a very wealthy core team that can already work well togethe…

What else are you paying $7B for if not the people? If I’m an acquiring company, I’m not optimizing for creating a very wealthy team that will leave and create another company. I want that team to work for me.

For the brand, customers and the product.
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