Stuart Rose?
As in the former chairman of Marks and Spencer?
It is a strange world when the EMEA* organisation of a business boasts about meteoric growth and then parts with the boss of that region – but this is exactly what Pure Storage has done. The flash storage business has waved bye-bye to industry vet Steven Rose, who less than a year ago joined as veep and is now looking for his …
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If that $470 million funding number is accurate, I wonder how diluted the average rank-and-file employee might be.
I wish I knew somebody there I could ask, but I don't know anybody. Strangely, I don't hear of a lot of people leaving them, so maybe they've been refreshing the hell out of peoples' option grants.
Then again, I know a lot of people never ask about the total number of shares when they accept an offer. They only care about their number of shares, which by itself is meaningless.
Any customer buying based on their claimed 6:1 is taking a massive gamble. If that's the average, across their entire fleet, then there is much more scope for high outliers, than low ones. And their arrays aren't very big in raw terms so buy an array needing 6:1 to get the numbers to work, only get a still fairly respectable 4:1 and then what? You don't have enough capacity and you're into a new box and going back cap in hand for more budget! Much better to buy based on a conservative dedupe ratio, and if you exceed it then it's free capacity!