Psst! I predicted this.
Love it when I’m right...yeah, rare.
(I didn’t click Cheese, Moose, Sister lmao! because it felt gooey and smelly and wrong)
Sounds a lot like barrys "if we didn't eliminate 2 millions jobs, we would not have been able to create 2000".
Dark days at carbonite.
Good. They deserved it.
(yes I am new but hey I’m here and I have opinions) :-)
Sandy
But, but, but, Carbonite has been sponsoring NPR ever since Carbonite and Rush parted ways. Does this mean the liberal elites are not the powerful economic force that productive Americans are? Who would have guessed?
Carbonite?
Is this like Snapple?
If you read the article, Carbonite thinks it would of been worse if they stayed with Limbaugh. Then another guy says that Carbonite is lying. So basically, just believe what you want to believe.
Hope he also feels the sting of realizing he was duped by a liberal lie.
Amazon S3 (which I use as the backend for Linux deja dup) http://aws.amazon.com/s3/ rocks and I’m backing up about 20 Gig a month for about 3 and a half bucks a month.
There’s something to be said for the deja dup approach
Déjà Dup is a simple backup tool. It hides the complexity of backing up the Right Way (encrypted, off-site, and regular) and uses duplicity as the backend.
... there was a lot of noise, I mean we had a huge spike in web traffic around that time just because of all the interest in the whole subject. And it took close to a month for that to sort of die down. And meanwhile our metrics were, we really couldnt see what was going because there was so much noise around the website that we had no idea what the ultimate impact was going to be.
Acronis auto-backup software...free after rebate
Telling Carbonite to shove it up their Obama....Priceless.
The Carbonite CEO said it hurt more than he realized. Well, if Carbonite gives refunds, it's gonna hurt a little more when I cash in my nearly 2 years left on my subscription.
It was nuts on their FB page.
There were a few of us there advising they ignore the complainers.
If they’d have shut down the FB page and rode it out,
they would soon have realized that the storm was naught but a tempest in a teapot.
No sympathy for them.
If I was on the Board of this publicly traded company, that CEO would be fired, like, yesterday.
No “golden parachute” - - just a kick in the ass.
Good screw carbonite for making a bad business decision based on fleeting emotion. Let them endure the consequences.
It’s not over for them either. I am still waiting for my subscription to expire so that I can tell them why I am not renewing. I can’t be the only one.
I was going to get Carbonite but after they dumped on Rush, I dumped them, and Sears, and PapaJohn’s pizza, and Select-Comfort Mattress, and several other former advertisers.
Hey cowards, this is called “CONSUMER PAYBACK” AND PAYBACK IS A BITCH ON THE BOTTOM LINE.
This analysis was a bit more scathing.
Rush to Judgment Hurt Carbonite
Bill Gunderson
08/06/12 - 12:49 PM EDT
NEW YORK (TheStreet) — There should be two requirements to be a CEO:
1) Every CEO should take a course in basic economics.
2) Every CEO should pass that course.
Shareholders at the data back-up company Carbonite(CARB) are surely regretting their CEO did not meet these requirements.
Carbonite is the company that, on a Saturday night five months ago, announced it was dumping Rush Limbaugh as a place to advertise. Rush said something of which CEO David Friend did not approve.
Do you remember what it was? Exactly. (It was about Georgetown University student Sandra Fluke, whom Limbaugh referred to as a “slut.”)
This move of the company’s was dumb on so many levels it is hard to figure out where to begin.
Let’s start with the Econ 101 course. Carbonite’s advertising with Rush was based on one thing only: If the company spent $100 on ads, it made more than that in profits.
Today, thanks to sophisticated analytics, every company like Carbonite knows exactly how many sales result every time an ad runs. The company’s quarterly reports from earlier this year acknowledged the vast majority of its sales came from people who listed to Rush.
Pulling ads under these circumstances was dumb.
Then the CEO made it worse: He made it clear he was part of an effort to remove Rush from the airwaves.
If you say the Pope is the anti-Christ, don’t be surprised if Catholics stop doing business with you.
Every Carbonite shareholder is entitled to ask CEO Friend: “Why did you throw our money away picking fights with a person whom millions count on for information about the world in general and Carbonite in particular?”
In March, when Carbonite stock tumbled 12% almost right away following the cancellation, Friend had no answer other than mumbling something about customers were going to cancel anyway.
During an Aug. 1 conference call, we learned the truth: Sales at Carbonite crashed much worse than anyone at the company imagined. And it is not over yet. Hundreds of thousands, if not millions, of Rush listeners are like a ticking time bomb, just waiting for their contracts with the company to expire so they can get dump the people who wanted to dump Rush.
Mozy is just as good, if not better. Consumers know that.
Apparently the CEO of Carbonite did not.
Then he made it worse, again: He said it took the company months to gather the metrics to figure out the change in sales from dropping Rush.
There is no kind and gentle way to put this: Everyone knew that was not true. Metrics from the web — where the company’s sales take place — are almost real-time. If people stop buying at noon, you know it by 1 p.m.
And he said it took months?
That is why Carbonite took a 15% dive last week when the real results of the CEO’s misplaced political activism came out. The stock is down 20% over the last five days and down 31% since the beginning of the year.
Here’s the takeaway: If you own shares in a company where the CEO is using your money to make political enemies with people who are making you money, maybe you should take away your investment and put it in a company where the CEO passes the third test: Is he sane?
As for Rush, his ratings have never been better.