Monday, January 31, 2011

An Open Letter To All Companies Who Grew Revenue By 200% Last Year

I loathe press releases like this one from Ooyala, who I must say is our trusted video platform provider in the interest of full disclosure. I'm singling the company out today, because I'm quite fed up, but this is an honest plea for every company that loves to tout growth without saying anything substantial to, please, stop doing that. So apparently Ooyala "grew revenue by nearly 200%, its customer base by over 50%, and delivered a record number of video technology innovations". Sounds impressive, except the statement says absolutely nothing about its revenues, the size of its customer base or what the company has done to innovate video technology.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/Tq4fvQ9sSm4/

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