Have you ever seen so many bad decisions made by a single man?
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I meant SC rather than SA of course
he is the only original founder around in industry still working. he is alright. I have seen so so much worse.
Not saying he’s a great person but it’s undeniable he’s a genius
Yea, LE's initial reaction to the Cloud and the existing cloud product he had was real genius.
SA is the girl of my dreams. But I don’t mean that in a positive way. More like nightmares.
At least he didn't buy Twitter.... or take on TikTok...
You may just need one idea, but that idea has to be at the right time.
I thought it was just our GBU that made a bunch of bad acquisitions that never paid off until I saw the Cerner debacle with the VA…increase targets, pay us less and make us do more to cut expenses because the boo-boo they made is starting to stink.
Sometimes all you need is one idea.
Very true. That one idea was a doozy. It was a true game changer (that phrase has been horribly misused but in this case, it fits perfectly) However, after that one great idea, everything else has been incredibly pedestrian. Whatever mojo LE had before, it's pretty much gone. Call it ego, hubris, narcissism, I have no idea, but the bottom line is that O is floundering and the long knives have come out and all that started at the top. Thankfully that one great idea was enough to sustain the company because others have sunk under far fewer and far less critical missteps.
As one poster stated, all bets are off after LE is no longer in the picture. It will either transform and recover into something new and different or the demise will come even faster. Or, it just occurred to me, it could go the way of its acquisitions. get bought up, scavenged and then discarded as an empty shell or a cob picked of its kernels.
I think he’s going to lose his mind like Howard Hughes did. We are not made to control others yet, people want control and the more power that they get the more damage it does to the mind.
Look at all those old people in DC they can’t let go. Always wanting more power and then they find out nobody cares…. So they become eccentric, paranoid & reclusive.
They can not let go of their success and enjoy the fruits of their labor so they totally nut up.
It’s the journey in life that matters it’s not the destination.
Sometimes all you need is one idea.
He’s one of the richest human beings on the planet….. he’s obviously made several incredible decisions. Not saying he’s a great person but it’s undeniable he’s a genius
LE is a legend in his own mind. He had one product and hit the lottery with it. Yes, it was revolutionary, yes it did things no other product was able to do and thus became a standard for business across the world. But it was one product. a High margin, high maintenance product that made the entire company. Everything after that was either an off-shoot of that product or an acquisition. Even then, those weren't always a guaranteed success, In all this time, O became a bully. To the competition, to customers, even to their own employees. LE figured he was midas and the pope speaking ex cathedra all in one, everything else be damned.
However, batting average for acquisitions is quite low, and getting worse, and when you couple that with customer resentment and competitors itching to take O down a few pegs, you have O in an increasingly shrinking box scrambling and thrashing to find other marketings in which to weave their magic. Java, Hardware, to the Cloud and now medical records, all having "mixed" results. What ultimately is propping them up is still the original product. At one point LE might have been that good in the very beginning but after he hit the lottery with his original product, ego and his inflated self worth took over, whatever vision and skills he possessed have long passed. The empire is, in fact, shrinking, and they know it. There are real alternatives to their database products and people sick of dealing with Oracle are migrating. So what does LE do? Try to fix the underlying problem and convince customers to come back? No, they double down on the same tactics that got them in this situation. That's ego and hubris taking over, not a real concern for taking care of the customer.
Will Oracle survive? For a while, yes. It's not going anywhere anytime. HOWEVER, that may change one LE sheds his mortal coil, then all bets are off. It may flounder along aimlessly for years, disappearing quietly, it may get torn apart in a crapstorm of legal in and outfighting, to could be scooped up for peanuts and transformed into a brand new entity, though the latter I feel is the least of the possibilities.
So many, i/we have lost count..