They're about finish spinning out from under Dell and be their own company but Michael Dell will still own 40% of the stock. Their stock has been pretty flat for the last 3 years even in a booming tech market. I'm considering joining VMware but nervous about a potentially falling stock price reducing my TC over time. #tech #vmware #stock #faang
VMware's main play is legacy customers who already use VMware but have not moved to cloud yet.
What plays are they after these days? I believe AWS, Azure, and GCP have eat VMware's lunch alreay
I believe multi-cloud is their main play. Revenue is growing 10% per year but growth rate has slowly decreased over the last 3 years same with a lot of big tech like Amazon and such tho
I feel like multi-cloud abstractions that are OSS are right around the corner in 3-5 years if not sooner. I think data companies like Snowflake and Databricks is where its gonna be at