Reply to post: The signs aren't good

Tintri stock plunges as first results since IPO show mounting losses

Anonymous Coward
Anonymous Coward

The signs aren't good

In startup world it's well known that when a company IPOs, it does so with 2-3 quarters worth of guaranteed "beat-and-raises" to ensure it's off to a good start and keep that stock price high past the 6-9 month share lockup period. Any CFO worth their salt ensures this is the case when taking a company public.

Missing numbers on the first quarter of being a public company is a scary sign. With the mounting losses and debt hanging, it could very quickly become the next Violin Memory.

Let's hope that's not the case, as competition is good for customers and good for employees

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