Investors at IPO lost quite a bit of money...
Yup. My worst investment. Never invest at IPO I guess.
If that's your worst investment, you're doing great. I bought stock in HashiCorp. I also bought stock in EBET, for a return of -100.00%.
IBM completes acquisition of HashiCorp
51–60 of 407 posts
Re: IBM completes acquisition of HashiCorp
#52Earlier quoted context omitted.
Terraform is not OSS, it switched to a source-available license over a year ago. OpenTofu[0] is the OSS fork though. [0]: https://github.com/opentofu/opentofu Disclaimer: involved with OpenTofu
I'm well aware and have contributed to OpenTofu project in a small manner. I hope you'll forgive me slightly misspeaking - any version of terraform before that license change is OSS. It is, however, perfectly free to use and most companies I've worked with are hard-pinned on a particular version of terraform and rarely on the bleeding edge.
No worries, that makes sense!
And thanks for contributing :)
Re: IBM completes acquisition of HashiCorp
#53Earlier quoted context omitted.
Had to check the numbers. IPO at $80 and sold to IBM for $35. Not great for investors, but insiders benefitted a lot!
Depends how you define insider. Employees were subject to a 6 month lockup and during that time the price dropped dramatically, but they still had to pay taxes on the $80 IPO price. Execs and institutional investors that were able to sell at IPO made out quite well though.
> they still had to pay taxes on the $80 IPO price
They will get capital losses.
That's not perfect.
Re: IBM completes acquisition of HashiCorp
#54Investors at IPO lost quite a bit of money...
*retail investors Retail will always be holding the bag. This is known.
Eh. Lots of retail investors do well with the right stock. Lot's of Apple investors have done well over the years. Microsoft even with the right timing.
They didn't with HashiCorp certainly. Bought some but not too much and were part of a housecleaning a few years back (which I'm glad I did).
Re: IBM completes acquisition of HashiCorp
#55Enjoy switching to Lotus Notes.
It's called HCL Notes now: https://en.wikipedia.org/wiki/HCL_Notes
And Hashicorp are experts in HCL so I am sure they will love it.
Re: IBM completes acquisition of HashiCorp
#56Re: IBM completes acquisition of HashiCorp
#57Earlier quoted context omitted.
Depends how you define insider. Employees were subject to a 6 month lockup and during that time the price dropped dramatically, but they still had to pay taxes on the $80 IPO price. Execs and institutional investors that were able to sell at IPO made out quite well though.
Execs are employees, were they really exempt from the lockout? Seems unethical.
There are always haves and have-nots, lol. “Tech” isn’t exempted.
Re: IBM completes acquisition of HashiCorp
#58Sad to see this, but I will again shill for HashiCorp's Nomad as a better alternative to Kubernetes.
Nomad is way easier to self-manage than K8s, but GCP does that for me, with all the compliance boxes checked, for extremely cheap. Every cloud provider is in that boat. Nomad will be more work and more money, be it compute or enterprise fees. I'm sticking with k8s.
The convenience and ease of use isn't worth the increased costs?
Re: IBM completes acquisition of HashiCorp
#59> By 2028, it is projected that generative AI will lead to the creation of 1 billion new cloud-native applications. lmfao what the fuck? The source they reference: https://www.idc.com/getdoc.jsp?containerId=US51953724 These clowns want $2500 goddamned american dollars for the privilege of reading their bloviations on this topic, which i absolutely will not pay. You know it's bad when the only people making money on t…
Who the heck is IDC's customer base, exactly? $2,500 for that, or $7,500 for this one about – drumroll, please – feature flags! "Modern digital businesses need to be able to adapt to changing end-user demand, and since feature flags decouple release from deployment, it provides a good solution for improving software development velocity and business agility," said Jim Mercer, program vice president of IDC Software De…
Relatively few IDC clients are paying retail for single reports other than reprint rights. They're clients with broad employee access to events and reports in various areas. Had access for many years and, yes, having (supposedly validated) data is more or less essential for lots of presentations and other types of documents because, otherwise, your claims are viewed as pulling stuff out of you rear end.
Re: IBM completes acquisition of HashiCorp
#60Earlier quoted context omitted.
Who the heck is IDC's customer base, exactly? $2,500 for that, or $7,500 for this one about – drumroll, please – feature flags! "Modern digital businesses need to be able to adapt to changing end-user demand, and since feature flags decouple release from deployment, it provides a good solution for improving software development velocity and business agility," said Jim Mercer, program vice president of IDC Software De…
I'm clearly in the wrong field.
The analyst biz doesn't actually pay especially well--at least compared to big SV-based companies.