What’s going on with TNTR?
Can’t find anyone from Tintri here. Tagging nutanix and pure storage
This stock screwed me over completely in the last week. No respite.
Very little cash left. $19 million in debt due to SVB in May. They lose money with every dollar they sell. Last Q revenues were down -29% y/y and losses continued to widen. Not a sustainable model.
Yeah. The technology is good but the execution was terrible. They’ll probably get acquired for $10-20M at most for the ip
Unless one of the big guys get them (HP, Cisco, NetApp, etc)
New
Sikhar Mar 27, 2018$10-20M is like a suicidal for a company of its size
the next VMEM
TNTR was my dream company to join last year just before they went IPO. I think management screwed with their decisions, they recently changed their CEO - may be good days or its too late. Will have to wait and see.