Chris Mellor writing for The Register – Data Centre: Storage comments:
It ain’t getting any easier in the flashy upstart world – where’s the dosh, Don?
Comment Violin’s IPO was a right debacle: investors judged the stock was worth a fifth less than the valuation of the bankers backing the public offering. What are they seeing that the bankers didn’t?
Financial markets are funny. Sometimes good tech doesn’t do well because investors don’t see a strategy or an end game. I wonder what the money folks saw in Violin that made them choose their course? We may never know.
Read more at: Sceptical markets snub Violin Memory: Can the flashy biz bounce back?
