Comments on: Eight Years Later, Is Rackspace Finally Going To Try For Another IPO? http://www.techcrunch.com/2008/04/24/eight-years-later-is-rackspace-finally-going-to-try-for-another-ipo/ Startup and Technology News Tue, 10 Nov 2009 12:28:33 -0800 hourly 1 By: Anton Olsen.com » Blog Archive » Rackspace Files IPO, Will Set Price Via Auction http://www.techcrunch.com/2008/04/24/eight-years-later-is-rackspace-finally-going-to-try-for-another-ipo/comment-page-1/#comment-2857341 Anton Olsen.com » Blog Archive » Rackspace Files IPO, Will Set Price Via Auction Wed, 15 Jul 2009 08:39:54 +0000 http://www.techcrunch.com/2008/04/24/eight-years-later-is-rackspace-finally-going-to-try-for-another-ipo/#comment-2857341 [...] Hosting provider Rackspace filed for an initial public offering with the SEC last night, as we predicted it would. The company will try to raise $400 million, and it intends to set the IPO price through an auction, [...] [...] Hosting provider Rackspace filed for an initial public offering with the SEC last night, as we predicted it would. The company will try to raise $400 million, and it intends to set the IPO price through an auction, [...]

]]> By: .net to php - now! « Tom Altman’s Wedia Conversation http://www.techcrunch.com/2008/04/24/eight-years-later-is-rackspace-finally-going-to-try-for-another-ipo/comment-page-1/#comment-2425207 .net to php - now! « Tom Altman’s Wedia Conversation Thu, 31 Jul 2008 13:05:15 +0000 http://www.techcrunch.com/2008/04/24/eight-years-later-is-rackspace-finally-going-to-try-for-another-ipo/#comment-2425207 [...] Eight Years Later, Is Rackspace Finally Going To Try For Another IPO? [...] [...] Eight Years Later, Is Rackspace Finally Going To Try For Another IPO? [...]

]]> By: socialinnovation3.com http://www.techcrunch.com/2008/04/24/eight-years-later-is-rackspace-finally-going-to-try-for-another-ipo/comment-page-1/#comment-2232894 socialinnovation3.com Tue, 29 Apr 2008 11:15:11 +0000 http://www.techcrunch.com/2008/04/24/eight-years-later-is-rackspace-finally-going-to-try-for-another-ipo/#comment-2232894 [...] hosting provider Rackspace filed for an initial public offering with the SEC last night, as we predicted it would. The company will try to raise $400 million, and it intends to set the IPO price through an auction, [...] [...] hosting provider Rackspace filed for an initial public offering with the SEC last night, as we predicted it would. The company will try to raise $400 million, and it intends to set the IPO price through an auction, [...]

]]> By: Update: Rackspace Files IPO, Will Set Price Via Auction http://www.techcrunch.com/2008/04/24/eight-years-later-is-rackspace-finally-going-to-try-for-another-ipo/comment-page-1/#comment-2226353 Update: Rackspace Files IPO, Will Set Price Via Auction Sat, 26 Apr 2008 20:14:35 +0000 http://www.techcrunch.com/2008/04/24/eight-years-later-is-rackspace-finally-going-to-try-for-another-ipo/#comment-2226353 [...] hosting provider Rackspace filed for an initial public offering with the SEC last night, as we predicted it would. The company will try to raise $400 million, and it intends to set the IPO price through an auction, [...] [...] hosting provider Rackspace filed for an initial public offering with the SEC last night, as we predicted it would. The company will try to raise $400 million, and it intends to set the IPO price through an auction, [...]

]]> By: Michael T. Halligan http://www.techcrunch.com/2008/04/24/eight-years-later-is-rackspace-finally-going-to-try-for-another-ipo/comment-page-1/#comment-2224822 Michael T. Halligan Sat, 26 Apr 2008 01:49:10 +0000 http://www.techcrunch.com/2008/04/24/eight-years-later-is-rackspace-finally-going-to-try-for-another-ipo/#comment-2224822 @Dan no dominant leader will, to be fair. EDS does more IT services and more hosting than probably any other in the world, but if you're not a $5m/year contract for them, you probably won't even know they exist. I think Rackspace is looking to cut the big guys like EDS and IBM Global Services down a notch or three.. I mean EDS has lost deals in the past 4 years that were worth more revenue than Rackspace has ever seen. @Dan no dominant leader will, to be fair. EDS does more IT services and more hosting than probably any other in the world, but if you’re not a $5m/year contract for them, you probably won’t even know they exist. I think Rackspace is looking to cut the big guys like EDS and IBM Global Services down a notch or three.. I mean EDS has lost deals in the past 4 years that were worth more revenue than Rackspace has ever seen.

]]> By: Dan http://www.techcrunch.com/2008/04/24/eight-years-later-is-rackspace-finally-going-to-try-for-another-ipo/comment-page-1/#comment-2224752 Dan Sat, 26 Apr 2008 00:41:59 +0000 http://www.techcrunch.com/2008/04/24/eight-years-later-is-rackspace-finally-going-to-try-for-another-ipo/#comment-2224752 @ #9 (Andrew): I doubt anyone is "cashing out", but rather attempting to raise the capital needed to develop and deploy new services and compete with the new threats emerging in the market. No dominant leader has yet emerged in the hosted IT services industry, whoever stands on top after the next few very interesting years will be wildly profitable. Rackspace has every reason to aggressively attack new services and grab up as much market share as they can. @ #9 (Andrew):

I doubt anyone is “cashing out”, but rather attempting to raise the capital needed to develop and deploy new services and compete with the new threats emerging in the market.

No dominant leader has yet emerged in the hosted IT services industry, whoever stands on top after the next few very interesting years will be wildly profitable. Rackspace has every reason to aggressively attack new services and grab up as much market share as they can.

]]> By: anon2 http://www.techcrunch.com/2008/04/24/eight-years-later-is-rackspace-finally-going-to-try-for-another-ipo/comment-page-1/#comment-2224261 anon2 Fri, 25 Apr 2008 19:33:44 +0000 http://www.techcrunch.com/2008/04/24/eight-years-later-is-rackspace-finally-going-to-try-for-another-ipo/#comment-2224261 Whats the use of removing the revenue #'s when you can just search for them on google? http://www.google.com/search?q=rackspace+revenues I agree with the other guys - Mosso is just flat out basic virtual web hosting, nothing special there. Whats the use of removing the revenue #’s when you can just search for them on google?

http://www.goog...kspace+revenues

I agree with the other guys – Mosso is just flat out basic virtual web hosting, nothing special there.

]]> By: anon http://www.techcrunch.com/2008/04/24/eight-years-later-is-rackspace-finally-going-to-try-for-another-ipo/comment-page-1/#comment-2224055 anon Fri, 25 Apr 2008 17:51:18 +0000 http://www.techcrunch.com/2008/04/24/eight-years-later-is-rackspace-finally-going-to-try-for-another-ipo/#comment-2224055 For the record, Mosso is NOTHING like AWS. To compare the two is ridiculous. They refer to their tech as "cloud computing," but really it offers shared hosting on a clustered environment. You can't even get SSH on the damn thing. Also, I've heard the uptime is teh suck. For the record, Mosso is NOTHING like AWS. To compare the two is ridiculous. They refer to their tech as “cloud computing,” but really it offers shared hosting on a clustered environment. You can’t even get SSH on the damn thing. Also, I’ve heard the uptime is teh suck.

]]> By: TechCrunch Japanese アーカイブ » あれから8年、Rackspaceが二度目の正直でIPOか？ http://www.techcrunch.com/2008/04/24/eight-years-later-is-rackspace-finally-going-to-try-for-another-ipo/comment-page-1/#comment-2223744 TechCrunch Japanese アーカイブ » あれから8年、Rackspaceが二度目の正直でIPOか？ Fri, 25 Apr 2008 16:14:40 +0000 http://www.techcrunch.com/2008/04/24/eight-years-later-is-rackspace-finally-going-to-try-for-another-ipo/#comment-2223744 [...] [原文へ] [...] [...] [原文へ] [...]

]]> By: Michael T. Halligan http://www.techcrunch.com/2008/04/24/eight-years-later-is-rackspace-finally-going-to-try-for-another-ipo/comment-page-1/#comment-2223703 Michael T. Halligan Fri, 25 Apr 2008 15:59:47 +0000 http://www.techcrunch.com/2008/04/24/eight-years-later-is-rackspace-finally-going-to-try-for-another-ipo/#comment-2223703 @25 actually datacenterknowledge.com had a video about it a couple of weeks ago. They're building out datacenters inside of the mall as well. @25 actually datacenterknowledge.com had a video about it a couple of weeks ago. They’re building out datacenters inside of the mall as well.

]]> By: Michael T. Halligan http://www.techcrunch.com/2008/04/24/eight-years-later-is-rackspace-finally-going-to-try-for-another-ipo/comment-page-1/#comment-2223668 Michael T. Halligan Fri, 25 Apr 2008 15:46:09 +0000 http://www.techcrunch.com/2008/04/24/eight-years-later-is-rackspace-finally-going-to-try-for-another-ipo/#comment-2223668 @15 what's better is that rackspace owns a couple of it's datacenters, and has all the economies of scale that would allow them to compete in the lower-end, dedicated server or shared hosting/cloud markets.. Given that they could, I'm impressed with the fact that they don't. RackSpace sold off their dedicated server business unit ServerBeach to Peer1 in 2006. ServerBeach was profitable, and going through hypergrowth, but didn't meet RackSpace's edict that every customer must hit their minimum true profit margin (http://money.cnn.com/magazines/fsb/fsb_archive/2006/11/01/8391420/index.htm) Those of us who suffered through the Telco collapse in 2000, and got booted out of bankrupt datacenters like Abovenet (365main) have learned to be very cautious about telco choices. Telcos & Datacenters who choose profits over hypergrowth are a win in my book. When Rackspace was going to go public in 2000 the market was insane. w None of the telcos or datacenter providers were profitable. Something like 75% of the big players went under. Most of the providers today are doing well are doing so because they're feeding off of the carcass of the telco bust. Rackspace has gone through huge growth through sane fiscal practices (like not selling power at a loss), and good management, without being vultures. An IPO would give Rackspace the cash infusion needed to continue challenging the established, capital-rich baby-boomer consulting firms that provide managed hosting like EDS, Perot, and IBM Global Services. It will also give them a fighting chance to compete in the oncoming price-war ugliness that Google and Amazon are about to enter into. These are exciting times ahead of us. Datacenters are in high demand right now, and profitable. This time the demand isn't driven so much by over-funded, poorly conceived vc-backed startups, but by a complex set of factors including new technology adaption, years of mid-sized company IT growth deferment, equipment refresh cycles, and the essentially free datacenter deals that were to be had in 2004. Beyond Rackspace, DRT, CRG, Berbee, and Dupont Fabros are also exciting. Real Estate that's actually profitable, and not affected by the sub-prime f***-up. @15 what’s better is that rackspace owns a couple of it’s datacenters, and has all the economies of scale that would allow them to compete in the lower-end, dedicated server or shared hosting/cloud markets.. Given that they could, I’m impressed with the fact that they don’t. RackSpace sold off their dedicated server business unit ServerBeach to Peer1 in 2006. ServerBeach was profitable, and going through hypergrowth, but didn’t meet RackSpace’s edict that every customer must hit their minimum true profit margin (http://money.cn...91420/index.htm)

Those of us who suffered through the Telco collapse in 2000, and got booted out of bankrupt datacenters like Abovenet (365main) have learned to be very cautious about telco choices. Telcos & Datacenters who choose profits over hypergrowth are a win in my book.

When Rackspace was going to go public in 2000 the market was insane. w None of the telcos or datacenter providers were profitable. Something like 75% of the big players went under. Most of the providers today are doing well are doing so because they’re feeding off of the carcass of the telco bust. Rackspace has gone through huge growth through sane fiscal practices (like not selling power at a loss), and good management, without being vultures.

An IPO would give Rackspace the cash infusion needed to continue challenging the established, capital-rich baby-boomer consulting firms that provide managed hosting like EDS, Perot, and IBM Global Services. It will also give them a fighting chance to compete in the oncoming price-war ugliness that Google and Amazon are about to enter into.

These are exciting times ahead of us. Datacenters are in high demand right now, and profitable. This time the demand isn’t driven so much by over-funded, poorly conceived vc-backed startups, but by a complex set of factors including new technology adaption, years of mid-sized company IT growth deferment, equipment refresh cycles, and the essentially free datacenter deals that were to be had in 2004.

Beyond Rackspace, DRT, CRG, Berbee, and Dupont Fabros are also exciting. Real Estate that’s actually profitable, and not affected by the sub-prime f***-up.

]]> By: bannerreviews.com http://www.techcrunch.com/2008/04/24/eight-years-later-is-rackspace-finally-going-to-try-for-another-ipo/comment-page-1/#comment-2223548 bannerreviews.com Fri, 25 Apr 2008 15:08:31 +0000 http://www.techcrunch.com/2008/04/24/eight-years-later-is-rackspace-finally-going-to-try-for-another-ipo/#comment-2223548 For Rackspace to survive as long as it has in a fiercely competitive marketplace must mean they've done something right. What I don't get is their Mosso.com cloud computing platform. On paper it seems good until you realize their insane pricing model. Their own calculator at the address below verifies this. Check out their cost to run a blog on their cloud. http://www.mosso.com/pricing.jsp Pricing cloud computing by hits is just crazy. One could use S3 to host all the static content and use Mosso for the computationally intense scripts. The Mosso blog has not been updated in a few months, and there are many complaints of downtime with Mosso if you look around. Media Temple has the right way to price cloud computing, and I wish Mosso would take a look and fix up their cloud computing. Then it would be truly compelling. For Rackspace to survive as long as it has in a fiercely competitive marketplace must mean they’ve done something right.

What I don’t get is their Mosso.com cloud computing platform. On paper it seems good until you realize their insane pricing model. Their own calculator at the address below verifies this. Check out their cost to run a blog on their cloud.

http://www.moss...com/pricing.jsp

Pricing cloud computing by hits is just crazy. One could use S3 to host all the static content and use Mosso for the computationally intense scripts. The Mosso blog has not been updated in a few months, and there are many complaints of downtime with Mosso if you look around. Media Temple has the right way to price cloud computing, and I wish Mosso would take a look and fix up their cloud computing. Then it would be truly compelling.

]]> By: origami_anarchist http://www.techcrunch.com/2008/04/24/eight-years-later-is-rackspace-finally-going-to-try-for-another-ipo/comment-page-1/#comment-2223541 origami_anarchist Fri, 25 Apr 2008 15:06:32 +0000 http://www.techcrunch.com/2008/04/24/eight-years-later-is-rackspace-finally-going-to-try-for-another-ipo/#comment-2223541 Based on the survey of the Boston colocation/datacenter market which I am currently doing (to see if we can get a better datacenter deal than we have), markets are tight and I would bet profits are quite robust. I agree with Michael T. Halligan, I'd buy Rackspace stock at IPO prices if I could. Based on the survey of the Boston colocation/datacenter market which I am currently doing (to see if we can get a better datacenter deal than we have), markets are tight and I would bet profits are quite robust.

I agree with Michael T. Halligan, I’d buy Rackspace stock at IPO prices if I could.

]]> By: cnet fan boy http://www.techcrunch.com/2008/04/24/eight-years-later-is-rackspace-finally-going-to-try-for-another-ipo/comment-page-1/#comment-2223521 cnet fan boy Fri, 25 Apr 2008 14:55:53 +0000 http://www.techcrunch.com/2008/04/24/eight-years-later-is-rackspace-finally-going-to-try-for-another-ipo/#comment-2223521 yo erick, where's the obligatory cnet story for this quarter? here's what i wrote on one of mike's posts.. "hey mike, how come no cnet earnings story this quarter? you guys went out of your way to report disappointing quarters earlier. could it be because the report was good and there's a yahoo deal to boot? yo erick, where’s the obligatory cnet story for this quarter? here’s what i wrote on one of mike’s posts..

“hey mike, how come no cnet earnings story this quarter? you guys went out of your way to report disappointing quarters earlier. could it be because the report was good and there’s a yahoo deal to boot?

]]> By: Rich Miller http://www.techcrunch.com/2008/04/24/eight-years-later-is-rackspace-finally-going-to-try-for-another-ipo/comment-page-1/#comment-2223423 Rich Miller Fri, 25 Apr 2008 14:17:34 +0000 http://www.techcrunch.com/2008/04/24/eight-years-later-is-rackspace-finally-going-to-try-for-another-ipo/#comment-2223423 Actually, there is a recent SEC filing, but it's not an S1: http://www.datacenterknowledge.com/archives/2008/Apr/25/rackspace_ipo_announcement_near.html Actually, there is a recent SEC filing, but it’s not an S1:

http://www.data...ement_near.html

]]> By: David http://www.techcrunch.com/2008/04/24/eight-years-later-is-rackspace-finally-going-to-try-for-another-ipo/comment-page-1/#comment-2223344 David Fri, 25 Apr 2008 13:42:16 +0000 http://www.techcrunch.com/2008/04/24/eight-years-later-is-rackspace-finally-going-to-try-for-another-ipo/#comment-2223344 @ Michael T. Halligan: I believe they are only relocating their HQ to the mall. @ Michael T. Halligan: I believe they are only relocating their HQ to the mall.

]]> By: Alex http://www.techcrunch.com/2008/04/24/eight-years-later-is-rackspace-finally-going-to-try-for-another-ipo/comment-page-1/#comment-2222768 Alex Fri, 25 Apr 2008 08:07:50 +0000 http://www.techcrunch.com/2008/04/24/eight-years-later-is-rackspace-finally-going-to-try-for-another-ipo/#comment-2222768 Just call the company and see if they will do an interview. If they don't grant an interview than they have entered the quiet period... btw- the video postings are kind of cool. Michael you look very tired. Get some rest or you're going to crash very hard. Just call the company and see if they will do an interview. If they don’t grant an interview than they have entered the quiet period…

btw- the video postings are kind of cool. Michael you look very tired. Get some rest or you’re going to crash very hard.

]]> By: Jay http://www.techcrunch.com/2008/04/24/eight-years-later-is-rackspace-finally-going-to-try-for-another-ipo/comment-page-1/#comment-2222683 Jay Fri, 25 Apr 2008 07:03:41 +0000 http://www.techcrunch.com/2008/04/24/eight-years-later-is-rackspace-finally-going-to-try-for-another-ipo/#comment-2222683 Boy imagine if this time too Rackspace's IPO signals another bubble burst (in Tech stocks)... Boy imagine if this time too Rackspace’s IPO signals another bubble burst (in Tech stocks)…

]]> By: Andrew http://www.techcrunch.com/2008/04/24/eight-years-later-is-rackspace-finally-going-to-try-for-another-ipo/comment-page-1/#comment-2222682 Andrew Fri, 25 Apr 2008 07:03:28 +0000 http://www.techcrunch.com/2008/04/24/eight-years-later-is-rackspace-finally-going-to-try-for-another-ipo/#comment-2222682 probably want to cash out before the VC funding dries up and all those start ups won't be able to afford the expensive rackspace and will go for one of the cheaper solutions or maybe they want to cash out because of AWS/Google sort of encroaching on their territory probably want to cash out before the VC funding dries up and all those start ups won’t be able to afford the expensive rackspace and will go for one of the cheaper solutions or maybe they want to cash out because of AWS/Google sort of encroaching on their territory

]]> By: Michael T. Halligan http://www.techcrunch.com/2008/04/24/eight-years-later-is-rackspace-finally-going-to-try-for-another-ipo/comment-page-1/#comment-2222634 Michael T. Halligan Fri, 25 Apr 2008 06:31:42 +0000 http://www.techcrunch.com/2008/04/24/eight-years-later-is-rackspace-finally-going-to-try-for-another-ipo/#comment-2222634 @7 rackspace is the first tech stock I'd consider putting money into since Google. @7 rackspace is the first tech stock I’d consider putting money into since Google.

]]> By: Dennis Bjørn Petersen http://www.techcrunch.com/2008/04/24/eight-years-later-is-rackspace-finally-going-to-try-for-another-ipo/comment-page-1/#comment-2222629 Dennis Bjørn Petersen Fri, 25 Apr 2008 06:29:01 +0000 http://www.techcrunch.com/2008/04/24/eight-years-later-is-rackspace-finally-going-to-try-for-another-ipo/#comment-2222629 Now the question is: Who has the balls to invest in Rackspace? Now the question is: Who has the balls to invest in Rackspace?

]]> By: Michael Arrington http://www.techcrunch.com/2008/04/24/eight-years-later-is-rackspace-finally-going-to-try-for-another-ipo/comment-page-1/#comment-2222620 Michael Arrington Fri, 25 Apr 2008 06:20:38 +0000 http://www.techcrunch.com/2008/04/24/eight-years-later-is-rackspace-finally-going-to-try-for-another-ipo/#comment-2222620 {seesmic_video:{"url_thumbnail":{"value":"http://t.seesmic.com/thumbnail/zlCn3lgbNe_th1.jpg"}"title":{"value":" "}"videoUri":{"value":"http://www.seesmic.com/video/9c8NqazAhb"}}} {seesmic_video:{”url_thumbnail”:{”value”:”http://t.seesmic.com/thumbnail/zlCn3lgbNe_th1.jpg”}”title”:{”value”:” ”}”videoUri”:{”value”:”http://www.seesmic.com/video/9c8NqazAhb”}}}

]]> By: PressReleasePoint http://www.techcrunch.com/2008/04/24/eight-years-later-is-rackspace-finally-going-to-try-for-another-ipo/comment-page-1/#comment-2222590 PressReleasePoint Fri, 25 Apr 2008 05:50:05 +0000 http://www.techcrunch.com/2008/04/24/eight-years-later-is-rackspace-finally-going-to-try-for-another-ipo/#comment-2222590 What happened during last IPO attempt. Anyone aware of this please comment. What happened during last IPO attempt. Anyone aware of this please comment.

]]> By: Ryan Merket http://www.techcrunch.com/2008/04/24/eight-years-later-is-rackspace-finally-going-to-try-for-another-ipo/comment-page-1/#comment-2222569 Ryan Merket Fri, 25 Apr 2008 05:39:19 +0000 http://www.techcrunch.com/2008/04/24/eight-years-later-is-rackspace-finally-going-to-try-for-another-ipo/#comment-2222569 For the sake of Web 2.0, Rackspace, please don't file. For the sake of Web 2.0, Rackspace, please don’t file.

]]> By: Michael T. Halligan http://www.techcrunch.com/2008/04/24/eight-years-later-is-rackspace-finally-going-to-try-for-another-ipo/comment-page-1/#comment-2222549 Michael T. Halligan Fri, 25 Apr 2008 05:29:48 +0000 http://www.techcrunch.com/2008/04/24/eight-years-later-is-rackspace-finally-going-to-try-for-another-ipo/#comment-2222549 Rackspace's new datacenter is kind of sexy. It's an abandoned mall in Texas. Probably the only good use for a shopping mall. Rackspace’s new datacenter is kind of sexy. It’s an abandoned mall in Texas. Probably the only good use for a shopping mall.

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