IBM was teabagging the Hasicorp booth at re:Invent with conspicuously old hardware set out like a museum piece. Ugh.
Do you mean sandbagging?
IBM to acquire Confluent
271–280 of 374 posts
Re: IBM to acquire Confluent
#272Confluent was trading at less than 50% of its IPO price when IBM made the offer. The stock and the company has been going sideways for several years now, keeps growing revenues but loses even more as most of it is in Sales and Marketing. In which world is this seen as some sort of extraordinary company that will get sabotaged by IBM. Seems Confluent management knows the writing on the wall, IBM will clean up (fire a bunch of sales and management guys) and make this a workable business. It will seem brutal for some Confluent guys but that's because their business is broken; and only someone from outside can come in and fix it as the current senior management cannot.
IBM has been around for over a hundred years, maybe they know a thing or two about running a software business :-)
Re: IBM to acquire Confluent
#273This is so fascinating to me. I mean how IBM keeps taking over other companies, but they consistently deliver low quality/bottom-tier services and products. Why do they keep doing the same thing again and again? How are they generating actual revenue this way? Ok, so does anyone remember 'Watson'? It was the chatgpt before chatgpt. they built it in house. Why didn't they compete with OpenAI like Google and Anthropic…
> they consistently deliver low quality/bottom-tier services and products I worked with IBMers. The main priority for a lot of them is to ensure continuous employment for themselves and their buddies. They'd add unnecessary complexity to a product to stretch out the development for another couple of years. And they work at leisure pace for tech. Actual 9 to 5, many coffee breaks. They can't compete.
We should all be so blessed. :pray:
Re: IBM to acquire Confluent
#274This is so fascinating to me. I mean how IBM keeps taking over other companies, but they consistently deliver low quality/bottom-tier services and products. Why do they keep doing the same thing again and again? How are they generating actual revenue this way? Ok, so does anyone remember 'Watson'? It was the chatgpt before chatgpt. they built it in house. Why didn't they compete with OpenAI like Google and Anthropic…
IBM is where good (acquired) software goes to die. RIP Clearcase.
Re: IBM to acquire Confluent
#275Confluent was trading at less than 50% of its IPO price when IBM made the offer. The stock and the company has been going sideways for several years now, keeps growing revenues but loses even more as most of it is in Sales and Marketing. In which world is this seen as some sort of extraordinary company that will get sabotaged by IBM. Seems Confluent management knows the writing on the wall, IBM will clean up (fire a…
[deleted]
Re: IBM to acquire Confluent
#276This is so fascinating to me. I mean how IBM keeps taking over other companies, but they consistently deliver low quality/bottom-tier services and products. Why do they keep doing the same thing again and again? How are they generating actual revenue this way? Ok, so does anyone remember 'Watson'? It was the chatgpt before chatgpt. they built it in house. Why didn't they compete with OpenAI like Google and Anthropic…
What I'm hearing you say is that IBM is basically just a private equity firm now.
Re: IBM to acquire Confluent
#277Earlier quoted context omitted.
We moved off HashiCorp's Terraform Cloud when they tried to hike the price 100x on us, although that was technically pre-acquisition I think (it was their move to resource-based pricing). In talking with our account manager, they basically said they only really cared about enterprise accounts, and that migrating away would probably make sense for us. HashiCorp also changed their licenses to non-open-source licenses,…
> (I think as they were gearing up to be a more attractive target for an exit). A common conspiracy theory, but not true.
Yeah how would you know?
j/k Love ghostty!
Re: IBM to acquire Confluent
#278Earlier quoted context omitted.
> they consistently deliver low quality/bottom-tier services and products I worked with IBMers. The main priority for a lot of them is to ensure continuous employment for themselves and their buddies. They'd add unnecessary complexity to a product to stretch out the development for another couple of years. And they work at leisure pace for tech. Actual 9 to 5, many coffee breaks. They can't compete.
The way you put it, looks like IBM is a pretty good place to work at
Sounds miserable if you like solving real problems.
Re: IBM to acquire Confluent
#279This is so fascinating to me. I mean how IBM keeps taking over other companies, but they consistently deliver low quality/bottom-tier services and products. Why do they keep doing the same thing again and again? How are they generating actual revenue this way? Ok, so does anyone remember 'Watson'? It was the chatgpt before chatgpt. they built it in house. Why didn't they compete with OpenAI like Google and Anthropic…
To add to that i think their R&D labs along with HPE were one of the few to innovate on the memristor and actually build some fascinating concept machines.If i rememeber HPE's was 'The Machine'. Athough i think they just di/dont know how to adapt these to market that isnt a enterprise behemoth , rather than develop/price it so more devs can take a hold and experiment.
HPE's advanced technology constructed "The Machine" from Plexiglas, not known for its high switching performance. It was a total scam of moron management by their revenant R&D lab management. I saw this close up.
Re: IBM to acquire Confluent
#280Earlier quoted context omitted.
Funny you mention that, because Kafka consumers actually pull messages.
What is the reason for using Kafka then, sorry if I'm missing something fundamental.
A Kafka consumer does a lot of work coordinating distributed clients in a group, managing the current offset, balancing the readers across partitions, etc which is native broker functionality. Saying you can replace it all with a simple JDBC client or something isn't true (if you need that stuff!)