Veeam's plan: Ignore MBA marketers, don't covet magazine covers

Most CEOs give little away in interviews: they stick to the script and deliver information in easily-digestible chunks. Veeam's Ratmir Timashev does it differently: the founder, president and CEO of Veeam likes to tell stories. So when your correspondent asked him why Veeam is going well, Commvault is doing okay but Veritas, …

[Mark 85]

No IPO?

The CEO's nonetheless often asked about an IPO but says the company's strong cash position makes it unnecessary. The only other reasons he sees for an IPO are to boost the company's profile or see his face on the cover of Forbes at float time.

Good for them. I would think that an IPO would invite the barracudas activist investors to feast on what would soon become a stagnant corpse instead of a growing enterprise.