A frank question, what's your gut feeling?
13 replies (most recent on top)
LE will most likely be alive in 5 years. He has much to live for, all thar real estate to remodel or tear down and build anew. And some of that board is older than he is.
This is true!
Every time I look on LinkedIn I find more and more fellow employees who have moved along to other companies. A mixture of both old a new, with the common denominator being that they were all very capable.
Oracle is such a dumpster fire. Looking at linkedin today, it is clear that more of the good people have moved on. The rat management moves around but never leaves. They get laid off, then find other places that can get their rat claws into. You just can't throw the rats overboard, they claw their way back up the sides of the ship and find a new ho-e to call their own.
Oracle is in a steady decline. The rats are all yours LE! Have a good time together. I'd love to see what your emails look like. Begging people below you, like TK did, to do actual work and not having any clue why nothing ever gets done! What a joke!
Oracle will be putting along in five years, not growing and mainly living off of its existing products. Making an occasional acquisition to create additional revenue streams.
OCI will CLEARLY be a Tier 2 public cloud that is mainly used by Orqcle itself toneun it’s own properties, and red shops who are invested in the Oracle tech stack.
Oracle will never make the jump to be considered a true cloud player.
In the future, Oracle’s database properties will very gradually shrink (as hardware has done) and the business applications will be the main thing that keeps the company afloat.
Most of the savvier leadership (particularly in places like marketing and OCI) will have moved on to greener pastures between now and 5 years from now. Really, most of the best talent has left already, but the continuing demand for talent out there means the window for others to leave Oracle has not yet closed. In the next couple of years, ot will.
Part of me thinks that guy Peyton was a normal guy with some underlying issues. As soon as he got around the Oracle fat rats, those issues manifested 100 times worse than they were and he ended his life.
Oracide is what I call it. That place has scarred a ton of good people.
About the BOD doing something after LE kicks the bucket; I really don't think that's going to happen. LE has loaded the board with his followers, and I suspect a lot of them are completely clueless id--ts. It is LE's BOD. I don't think they can think for themselves, they won't save the company. And as far as saving the good parts and getting rid of the bad parts, as far as I can tell there are no good parts at this point. There is corruption everywhere, even in the DB area. There is not a future for Oracle, with or without LE.
As far as a new CEO changing things, consider this. There was an email posted a while back from TK to a group under him where he was trying to get that group to update their UI and they wouldn't budge. No one can fix Oracle from the top. Corrupt people are entrenched and they aren't going anywhere and they don't take direction from the top, because they can't do the actual work. You would seriously have to fire everyone in the company and hire completely new people and that's just not going to happen.
In court or on the news for something bad.
This is it for me. Something bad is going to happen, it's a disaster in the making.
Where do I see Oracle? In the rear view mirror while driving for AWS.
In court or on the news for something bad.
O would need a ground up rebuild. Get back to innovation, instead of purchasing products and mashing them into their unwieldy tech stack.
By the time that LE kicks the bucket, who knows how much more time other DB and Cloud tech will have to advance. What will AI, bitcoin, Web3, etc yield? How about tech we haven’t invented yet? Who sees Oracle innovating and out in front of that?
Not me. It’s still true: Oracle is a law firm with a database division.
I don’t!
The same, but a smaller, more desperate and ruthless version of itself. I would, however, advise you to sell all of your ORCL stock the day before LE sheds his mortal coil because the price will bo-b faster than Dresden after he does.
This is an interesting thought and makes me wonder whether it will really tank once he leaves/passes. E.g., isn't there a chance that a new CEO could keep the best parts of the company and get them into more of a growth mode while selling off/ditching all the bad parts? Unlikely of course, but certainly a possibility.
On the other hand, maybe the BOD simply lacks whatever vision would be needed to entice/secure such an individual.
The same, but a smaller, more desperate and ruthless version of itself. I would, however, advise you to sell all of your ORCL stock the day before LE sheds his mortal coil because the price will bo-b faster than Dresden after he does.