blind companies' financials

Oracle / Eng
Larry'sB

Go to company page Oracle Eng

BIO
Technologist and manager w 25+ years. I do everything in my power to make my people's jobs easier by shielding them from BS and corporate bureaucracy.
Larry'sB
Mar 15, 2017 9 Comments

I often hear on blind that Oracle and IBM suck. However, both continue to be extremely profitable year after year. Meanwhile, several darling companies for whom many blind users work are nowhere near as strong.

What makes these companies with weaker financials so great? Does anyone even think about their employer's financials beyond the impact on stock price?

I want to make clear I am not defending Oracle. I am well aware of Oracle's problems and reputation.

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TOP 9 Comments
  • Oracle
    Nuttela++;

    Go to company page Oracle

    Nuttela++;
    This problem can be translated to "enterprise vs consumers company". Blind gives more love to the later.
    Mar 15, 2017 1
    • Oracle / Eng
      Larry'sB

      Go to company page Oracle Eng

      BIO
      Technologist and manager w 25+ years. I do everything in my power to make my people's jobs easier by shielding them from BS and corporate bureaucracy.
      Larry'sB
      OP
      good point
      Mar 15, 2017
  • IBM
    Zaqxsw

    Go to company page IBM

    Zaqxsw
    Don't forget, most blind peeps are engineers too. Profitability might be just a word to them
    Mar 15, 2017 0
  • Google
    foobared

    Go to company page Google

    foobared
    today's profitability is tomorrow's stagnancy. Kodak and Xerox were super profitable at one point too.
    Mar 15, 2017 0
  • Expedia / Mgmt
    Bianca

    Go to company page Expedia Mgmt

    BIO
    Finance
    Bianca
    Also growth prospects gets factored in the valuation and compounding is powerful
    Mar 15, 2017 0
  • There is a saying that if you are not growing then you are dying. Mature companies, even if profitable often aren't growing much or at all and are at higher risk of becoming irrelevant or facing innovators dilemma to survive. Generally speaking the best people of their profession, who actively manage their career, steer toward places with higher growth prospects because where there is growth there is opportunity (developmentally, promotions, new or different responsibilities or skill sets, higher compensation if successful exit, etc). This often could be a startup or In a growing sector where the company has not hit a ceiling. People drawn to these companies are comfortable with higher degree of risk as well. Typically In mature organizations, there's more risk aversion and often an established pecking order and saturation of talent as you look up so it's harder to grow based on merit versus working the system or waiting for someone to die.
    Mar 15, 2017 0