I was surprised when AD#2 asked me yesterday. It turned-out that LC has announced it to the Sales team, so almost all are aware that we're talking to DP. As of now, there's nothing concluded yet. Then, I was surprised when ABDM told me that she would be the first to be cut (since her unavailabitiy in March on so on). WTF ?! We are not talking about a merger here or take-over where people will be retrenched! I guess they just read about the bank's M&A or the big corporate M&A where retrenchment, down-sizing are inevitable. They didn't look at IBM took-over Rational, Microsoft bought Visio and other technology-based company acquisition..where the core team (sales & tech) are retained. Hair-cut may happen to redundant post such as Finance & Admin. That's the first hair-cut if need be.
LC shared for good reason. To share the activities that we're doing, to give them hope (probably) of brighter future...i guess..dunno why she shared. Because, I'll not share it if it ain't happening. And with what ABSM told me, it make it even obvious, that it shouldn't be shared in the first place. If everything will be taken negatively, why share it in the first place ? "Sometimes, it's better not to know!"
For DP, there'll be technical evaluation next week. If they can appreciate our IP and it falls greatly in their criterion (compelling tech), great potential customers, (can't recall) and of course profit making, they our chance would be higher. Or valuation can be higher or justified. Anyway, for them to come in, they'll be taking controlling stake. Thus, we have to adhere to DP's corporate values and branding. And, we need to give them Profit Guarantee, thus, we have to make it happen. Get more right people in the bus, and steer it to greatness. It's still a long way to go..and as KC mentioned, "..we're not negotiating yet...it's kinda education on how we do things.." The values, the concerns and the criteria that they're looking before acquiring a technology company.
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