I don't believe its the right system and the way it should be done but thats how accountability is viewed within the current system (which I think should change).
The top has to have the ability and leeway for things to go wrong so that they can take risks. To make sure they take the right risks they are stakeing a % of their pay if its in options or bonuses as well as in their reputation.
You might be right in the certain situations but this is an open tool with a wide array of possible uses for people. Such a pessimistic approach doesn't allow for any exploration when think about its potential uses.
My original thought was, so its a network drive huh?
But when you think about the fact that everyone has 128GB Surfaces they take everywhere remotely this is really powerful and I can image a lot easier to administer. Love how they have integrated and just added a simple icon. Well done Dropbox
Thats the thing, HT or Gamma without the co-operation of international law enforcement presumably would have a very hard time finding these people in a legal manner. So whats going on up there.
prosecutors have a duty to 'justice' not simply to deliver the strongest result against the defendant. This is why they have to disclose information that suggests innocence.
As long as litigation is of a positive net present value (i.e. expected return is positive) then they have a duty to their shareholders to undertake it. It's just the way of the world, its not like the CEO is taking into account this when thinking of 'the way microsoft should be' its just the state of tech innovation at the moment.
i.e. you go into a car park and upon buying the ticket they make you sign it because on the ticket they have written 'We are not responsible if your car or anything within it gets stolen or damaged.'
This term is onerous and as such needs to be agreed to which the signature does.
From the article: To check whether you have the malware installed:
Using “Activity Monitor” preinstalled in OS X, check whether any process named “kernel_service” is running. If so, double check the process, choose the “Open Files and Ports” and check whether there is a file name like “/Users//Library/kernel_service”. If so, the process is KeRanger’s main process. We suggest terminating it with “Quit -> Force Quit”
Thanks for the comment. Though I am wondering, as a consulting firm not a finance firm, why does McKinsey model and value companies? Are they brought into double check?
On average for Fortune500 companies the standard multiple is around 15 times earnings. x20 or so times for Technology.
Granted these likely are the dominant player and are much more stable but Saas companies have growth potential that likely exceed such companies.
I think the 4x earnings upper limit is extremely low, especially as there is likely a reason they are trying to buy you out, not just from keeping it relatively stagnant in terms of development and collecting profits. I think at a minimum x10 earnings for a substantial Saas would be the low bar estimation by me.
Lets be reasonable, otherwise you would just hire someone to maintain and just cash in if we are talking about a company like this article is talking about.
Usually startups, defined roughly as young companies with extremely high growth creating something new, to start off with are running at a negative cash flow to sustain their growth or development and plan to capitalise on the position later.
These companies would struggle to operate with positive cashflows as their products/services and growth hasn't matured to allow for it yet. Perhaps they are building their product and/or are still in the early stages of iterating on their idea. Just because they have a decent business doesn't mean straight away they can consolidate right away on their business in terms of running a profit.
A lot of decent future businesses could die if startups are forced to consolidate. However in instances this may be a wake up call to keep them accountable to the financials of their business.