When I was there, Cohesity always copied what Rubrik did. Maybe they will IPO if Rubrik IPOs. Guys at Rubrik please IPO so that Cohesity also does. lol #ipo #cohesity #rubrik #rsu #us #market #stock #ipo TC: 200K YOE: 2.5 What do you think?
Because all the pre-ipo companies are silent now not only Cohesity. You are welcome to point out any exception. Reddit filed S-1 almost the same time as us but silent as well. IPO in such market condition is not that allowed for investors and board I suppose.
Lol Rubrik is still behind us. They have to transition to hardware service model or get hardware off the books to ipo. At the current multiples of recently Ipoed companies, it’s suicide.
You reckon Cohesity is going all SaaS with their DMaaS solution? That puts them ahead of others for sure. What are your thoughts?
@Cohesity cb_muter I think cohesity does have a better product than rubrik. But, the anxiousness and discussion on changing the UI/UX to match that of rubrik's were really weird (this happened when I was there). People at cohesity constantly compared themselves to rubrik and spoke so much of the rivalry between the companies that in one of the townhalls, an exec had to question why cohesity was obsessed with rubrik. As for the IPO timing, I think you guys dropped the ball waiting for the right time. Pandemic was probably a good time when a lot of companies made bank by IPOing based on how people sitting at home invested. You guys actually had a proper product compared to some of these companies. Anyway, that's my opinion.
Cohesity’s DMaaS service is an unmitigated disaster. They’re heavily reliant on VMW backup from large customers. Who knows if they’ll ever IPO.
This is what I heard from my network.
What does this mean?
Lol vmware 😹
Crickets..
Ikr? 😂
Cohesity = sweet shop
Yes it is. Did you work there?
I interviewed there, engineer was having lunch while interviewing me virtually to save time, lol wtf... In the second round, engineer seemed robotic, no response, no interaction, I felt sorry for them, seemed overworked. 3rd round was similar, I had already sensed their culture, and here's what happened to confirm my assumptions. HR scheduled final round 2 days later, with their director/vp, after positive feedback from all rounds and wishing good luck to me. An hour before the interview HR sends me the rejection email.
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Haha updated.