@tiagom said in Rackspace Bought Out and Now Private:
Interesting, glad i asked.
It's why we were so excited about Dell going private, they can focus on quality products and long term thinking in a way that almost no one else can. It's why NTG is a private company, answering to shareholders publicly is not just crippling because of stock price manipulation, but it also is very costly. Big public companies spend a fortune placating stockholders, explaining things to them, holding stock holder events, etc. It's a massive cost center with no value (other than investment money) and often many of the executive staff, like the CEO, mainly spend their time working to make them happy rather than running the business!