Autonomy, Revenue Recognition and the Duping of HP

HP's acquisition of Autonomy, and subsequent write down of $8.8B amid allegations of fraud by the Autonomy management team, is going to show up as a business school study one of these days, and so it should. The practice of revenue recognition in software, and how you can be misled by it, is simply not well understood by enough senior management and board members. And as companies shift their software products from license to subscription revenue it becomes imperative that board members do understand it or they can be easily [...]

By |2017-12-06T17:56:37-08:00November 21, 2012|Boards|0 Comments

The dark side of Silicon Valley

Silicon Valley is on a roll right now. The relatively low levels of capital needed to start a software company has meant that start up incubators and small software companies wanting to be the "next big thing" are popping up all over. Bars are crowded, San Francisco is hip and traffic is worse than L.A. All signs of a booming economy and tech infrastructure that has spawned new wealth-generators like Facebook, Zynga, Instagram and now Yammer. And yet, this is just the face we like to present to the world. [...]

By |2017-12-06T16:57:05-08:00June 18, 2012|Equality|0 Comments
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