Seem to be entirely self afflicted. As a brilliant commenter notes, ironically, they failed to have a backup plan.
I’m glad I’m not a stockholder, and I’m unlikely to be until they change out their idiotic management.
4 thoughts on “Carbonite’s Problems”
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The Carbonite Titanic is doomed to sink with or without Rush Limbaugh.
Its own SEC financial reports show that this dot-com disaster loses $2 million each month and has vaporized $100.4 million since 2007.
Leftist CEO David Friend has merely steepened Carbonite’s glide path to a violent crash landing when its cash runs out.
Limbaugh is better off without them.
Instead of advt on Rush, they’re now airing expensive TV ads. That much higher advt expense will hasten the crash. Good.
They need Crashplan.
I’m also seeing ads on the blogs I read such as Michelle Malkin and Via Meadia.