Mike Workman
 

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October 19, 2007

Should Pillar buy EMC?

Have you heard the rumor that we are down to our last $20 million? What about the one that says, Larry Ellison, our sole investor wants to pull the plug on us?

Must have been a Hell of a dinner our sales guys just expensed. I knew they just had a wonderful event at Storage Expo in the UK but wasn’t aware it cost that much.

Every few months it seems, some competitor starts a rumor that Pillar is broke. Such rumors seem to get stronger at the same pace as our market position strengthens. 

Let’s cut the crap.  Pillar is alive and flourishing.  We are succeeding by every measure. Rumors of our death are just old-fashioned FUD.

If Pillar were out of money, we wouldn’t be hiring. We wouldn’t be gaining in customers and sales.

I would never assume to know what Larry’s investment plans may be, but, if he decided he no longer wanted to invest in Pillar, would the logical course of action be to pull the plug on something this valuable?

I think he’s smarter than that.

Pulling the plug on Pillar would be as preposterous as the headline to this post is for Pillar.  It would be as inane as deciding, when you no longer wanted to live in a house, to bulldoze it.

A simple message to our customers and prospects: Pillar has money. It is well funded. We pay our bills.

We are going to be around for a very long time.