Career Advice For Michael Dell
It’s very ironic: Michael Dell is hoping to pull a “Steve Jobs” with his return to the company he founded (“ You Won’t Have Michael Dell To Kick Around Anymore“). And his comeback plan is to become more like Apple: Vertical integration of software and hardware. And so far he’s taking his own advice to Steve Jobs: Return the money to investors. One has to wonder if he’ll act out the other half of that advice: Close the doors and turn out the lights?
POSTED BY Hawkeye
I hope Michael Dell can get back to his roots, engineering. Dell products have been slow to improve and incorporate new technology over the past five years. Dell used to be first to market, now they are close to last. Going private is not going to fix this problem as Acer, Asus and others feed on Dell’s customer base.
POSTED BY Dale Durbin
This is a great story, but it leaves one wondering why we should be rooting for Dell. I have a very, very tough time believing the thesis, “To do hard things, one must go private, denying the shareholders any of the potential upside.” Basically, the owners of Dell not named Dell were told, “This is the deal, take it or else, we’re about to make the company worth more money. Good-bye.” Michael Dell is one of the great entrepreneurs of our time and is a tremendous success story. There is not a shred of doubt of that. The no-option LBO is one of the more hideous elements of American business, however.
POSTED BY Mark Rogowsky
Bloomberg’s Next Step
Ex-mayor Big Gulp better be careful in China (“Michael Bloomberg: The Exit Interview“). If he tries to run everybody’s life there, he may find they aren’t friendly to being told anything.
POSTED BY Jakob Stagg
I wonder how long it will take for New Yorkers to figure out just how much they’ve lost and how much this man will be missed. He has turned a city around.
POSTED BY Gail Clough
Source: Forbes Apple