Skip to main content
No. of Recommendations: 4
If you're going to announce that you're about to issue 6m shares and lower guidance, you need to do with a heck of a lot more skill than these guys did. The confusion, negative sentiment and 35% or so stock price drop is due, in large part, to poor corporate communication. And this is a key part of management.

Madoff made promises that anyone with half of a functioning brain would have known were mathematically impossible. Bezos was getting people things they wanted for a great price at high speed.

Yes, of course it's more intuition, art than science. And one likes to seem some experience - as in Matthew Prince was at helm from day one and for 10 years before NET went public. If Fastly could bungle this communication maybe this lack of skill in communication shows up in other ways - marketing, sales, etc. And yes, this is all speculation and the stock may recover mightily.
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.