Friday, October 26, 2007

NetSuite - come on already!??!

Ok - soooooooo - is NetSuite ever going to IPO? Come on, already! I'm dyin' here! I was an early employee at NetSuite (back in the NetLedger days), and I stayed about 14 months. On my way out, I picked up a few shares, thinking it would pay off someday. Well, I left in March, 2001, so shouldn't someday be here already? It looked like things were really moving forward after the S1 was filed this summer, but nothing since then.

I remember the optimism when I joined NetSuite. Bill Mirbach, the CEO at the time, spun a great tale, "In 6 months, we're going to have over a million subscribers, we're going to IPO, and we're all going to be rich!" (Dec 1999). Wow! What a different world then.

Some great people at NetSuite - very bright, capable, motivated. However, not a very enjoyable place to work - at least back then. I remember being completely shocked at how poorly 25 people could get along and wondering how the company could make it with such tremendous culture gaps internally.

It looks like things must be better - I hope so - and I wish NetSuite nothing but the best.

And...GET ON IT! Please! ;-) It would be nice to have my cup of coffee now!

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