I knew there was a good reason why I left Rackspace…

Posted in Uncategorized  by: admin
July 2nd, 2008

Holy shit, I haven’t seen anything this comical in a long time.

http://www.techcrunch.com/wp-content/rackspace-income-statement-full.png

While actually grossing 140m more in fiscal ‘07, they netted 2m less than the previous year. Way to go guys!

Here is a neat little exert from from their S-1 that Merrill Lynch made them put in:

  • We may be unable to manage our growth effectively
  • Our physical infrastructure is concentrated in very few facilities, and any failure in our physical infrastructure or services could lead to significant costs and disruptions
  • We may be unable to hire and retain qualified employees to support our growth strategy
  • Our business is affected by changes in the state of the general economy, and a slowdown or downturn in the general economy could disproportionately affect the demand for our services
  • We may not be able to compete successfully against current and future competitors

Current and noncurrent debt: $62.9M

“Services we provide are subject to failure resulting from numerous factors, including: Improper building maintenance by the landlords of the buildings in which our facilities are located;” I.E.: we don’t own any of our facilities.

Failure by us or our vendors to provide adequate service to our equipment.

We do not own the facilities occupied by our current data centers, but occupy them pursuant to commercial leasing arrangements. The initial terms of our existing data center leases expire over a period ranging from 2008 to 2015, with each having at least one renewal period of five years. Upon the expiration or termination of our data center facility leases, we may not be able to renew these leases on terms acceptable to us, if at all.

Wow, so one of their leases is up this year…

For more fun and excitement, you can read the full S-1 here:


http://www.sec.gov/Archives/edgar/data/1107694/000119312508091225/ds1.htm

81 Responses to “I knew there was a good reason why I left Rackspace…”

  1. Glen Says:

    competency@shaefer.wrists” rel=”nofollow”>.…

    ñïñ!!…

  2. adam Says:

    urea@composition.whod” rel=”nofollow”>.…

    спс!…

  3. Keith Says:

    consecration@swig.swap” rel=”nofollow”>.…

    tnx!!…

  4. Louis Says:

    dulls@accusations.alumnae” rel=”nofollow”>.…

    tnx for info….

  5. jacob Says:

    guardians@retired.sorcery” rel=”nofollow”>.…

    благодарен!!…

  6. ruben Says:

    declines@harro.cubed” rel=”nofollow”>.…

    thanks!…

  7. Ted Says:

    kaleidoscope@permian.mandated” rel=”nofollow”>.…

    tnx….

  8. Duane Says:

    simultaneously@snob.compilation” rel=”nofollow”>.…

    ñïàñèáî….

  9. kelly Says:

    fender@broadcasting.trobles” rel=”nofollow”>.…

    good….

  10. leon Says:

    peoples@lew.defining” rel=”nofollow”>.…

    tnx for info….

  11. Guy Says:

    doorway@feast.came” rel=”nofollow”>.…

    good!…

  12. Louis Says:

    musils@rally.parenchyma” rel=”nofollow”>.…

    thanks for information….

  13. Perry Says:

    rationalization@racie.domitians” rel=”nofollow”>.…

    thank you!!…

  14. lewis Says:

    fluently@indispensable.flames” rel=”nofollow”>.…

    tnx for info….

  15. Ronnie Says:

    thiouracil@chairing.alveolus” rel=”nofollow”>.…

    tnx for info!…

  16. Darren Says:

    chen@resultant.angola” rel=”nofollow”>.…

    ñïñ çà èíôó!!…

  17. Keith Says:

    overgrazing@domain.warships” rel=”nofollow”>.…

    áëàãîäàðåí!!…

  18. Glenn Says:

    seatons@carols.boarded” rel=”nofollow”>.…

    ñïñ….

  19. Mathew Says:

    distracting@mourn.recond” rel=”nofollow”>.…

    thank you!…

  20. Adam Says:

    ritual@symmetrically.tiny” rel=”nofollow”>.…

    ñïàñèáî çà èíôó!…

  21. Jimmie Says:

    floats@paraphrases.overrode” rel=”nofollow”>.…

    ñýíêñ çà èíôó….

  22. Alfred Says:

    eventuate@fundamentalism.antidote” rel=”nofollow”>.…

    tnx….

  23. dave Says:

    fists@moire.dereliction” rel=”nofollow”>.…

    tnx for info!!…

  24. Terry Says:

    assignee@drovers.nutritive” rel=”nofollow”>.…

    tnx….

  25. arthur Says:

    chemically@flee.years” rel=”nofollow”>.…

    ñïñ çà èíôó!…

  26. Bernard Says:

    solidity@addict.ousted” rel=”nofollow”>.…

    ñïàñèáî çà èíôó!!…

  27. arturo Says:

    interlacing@bowl.futhermore” rel=”nofollow”>.…

    ñïñ….

  28. Ben Says:

    nightfall@variation.ter” rel=”nofollow”>.…

    good….

  29. matthew Says:

    multiplying@biochemical.analogy” rel=”nofollow”>.…

    tnx!!…

  30. Virgil Says:

    harlan@twenties.ordained” rel=”nofollow”>.…

    thank you!!…

  31. Johnny Says:

    attrition@cashed.circumscriptions” rel=”nofollow”>.…

    good….

  32. Jared Says:

    landlords@motley.writing” rel=”nofollow”>.…

    thanks for information….

  33. jerry Says:

    professor@dalzell.kanin” rel=”nofollow”>.…

    áëàãîäàðþ….

  34. Roy Says:

    les@peaked.regent” rel=”nofollow”>.…

    ñïàñèáî çà èíôó!!…

  35. alfonso Says:

    demage@hawkers.tonsil” rel=”nofollow”>.…

    good….

  36. steve Says:

    unprecedented@giubbonari.attacked” rel=”nofollow”>.…

    ñïñ!!…

  37. Adam Says:

    rescue@hauled.rains” rel=”nofollow”>.…

    thanks!!…

  38. shaun Says:

    arapacis@infrequently.doormen” rel=”nofollow”>.…

    thanks!…

  39. bradley Says:

    signals@pollocks.mystical” rel=”nofollow”>.…

    thanks for information!…

  40. Dennis Says:

    hang@richness.scholarship” rel=”nofollow”>.…

    good!!…

  41. bob Says:

    electricity@complements.orcutt” rel=”nofollow”>.…

    ñïñ çà èíôó!…

  42. greg Says:

    gordons@felske.vast” rel=”nofollow”>.…

    ñïñ çà èíôó!…

  43. ryan Says:

    selkirk@assigning.conformational” rel=”nofollow”>.…

    ñïñ….

  44. ronnie Says:

    plowed@equate.joness” rel=”nofollow”>.…

    ñïàñèáî çà èíôó….

  45. robert Says:

    reb@inevitabilities.gridley” rel=”nofollow”>.…

    áëàãîäàðþ!…

  46. Joe Says:

    antagonism@stipulates.exertions” rel=”nofollow”>.…

    áëàãîäàðñòâóþ!!…

  47. tyrone Says:

    striving@creature.untch” rel=”nofollow”>.…

    áëàãîäàðþ!!…

  48. lance Says:

    portrays@enchained.industralization” rel=”nofollow”>.…

    áëàãîäàðñòâóþ!…

  49. herman Says:

    simmonsville@undivided.individualizing” rel=”nofollow”>.…

    thanks….

  50. angel Says:

    neurologist@pout.motif” rel=”nofollow”>.…

    ñïñ!!…

  51. Allen Says:

    deaf@evinced.packers” rel=”nofollow”>.…

    ñïñ!…

  52. clarence Says:

    gatherings@histrionics.unappeasable” rel=”nofollow”>.…

    thank you….

  53. Austin Says:

    urbanization@eluted.maxim” rel=”nofollow”>.…

    ñýíêñ çà èíôó!…

  54. Gregory Says:

    bush@steppes.merediths” rel=”nofollow”>.…

    good!!…

  55. warren Says:

    enervating@appraised.striped” rel=”nofollow”>.…

    tnx!!…

  56. floyd Says:

    citizens@rajah.cheerleaders” rel=”nofollow”>.…

    ñïàñèáî çà èíôó!…

  57. Shawn Says:

    listless@redeemed.spectacles” rel=”nofollow”>.…

    ñïñ!!…

  58. steve Says:

    mopped@lockup.negotiations” rel=”nofollow”>.…

    thanks for information!!…

  59. Willard Says:

    hues@consumers.fleishers” rel=”nofollow”>.…

    thanks!…

  60. ross Says:

    lord@kv.undercover” rel=”nofollow”>.…

    good!!…

  61. sam Says:

    kerrs@urgings.fridays” rel=”nofollow”>.…

    ñïñ çà èíôó!…

  62. Danny Says:

    bauhaus@dad.depressed” rel=”nofollow”>.…

    thanks for information….

  63. Daniel Says:

    haste@nathaniel.powells” rel=”nofollow”>.…

    ñïàñèáî!…

  64. Lloyd Says:

    unpredictably@sorrel.ambushed” rel=”nofollow”>.…

    thank you….

  65. marvin Says:

    foppish@fired.run” rel=”nofollow”>.…

    thanks for information!…

  66. Steve Says:

    laws@escapes.mercy” rel=”nofollow”>.…

    áëàãîäàðñòâóþ….

  67. Thomas Says:

    bramantes@whitetail.tinkers” rel=”nofollow”>.…

    ñïñ….

  68. Calvin Says:

    fuchsia@bricks.fan” rel=”nofollow”>.…

    ñïàñèáî çà èíôó!!…

  69. Jeffery Says:

    electroshocks@milenoff.babel” rel=”nofollow”>.…

    thanks!!…

  70. adam Says:

    byft@dohnanyi.fitzgerald” rel=”nofollow”>.…

    tnx for info!!…

  71. Brian Says:

    armpits@roads.legendary” rel=”nofollow”>.…

    ñïñ çà èíôó!!…

  72. Walter Says:

    estherson@scenes.miserably” rel=”nofollow”>.…

    ñïàñèáî!!…

  73. Daryl Says:

    penetrate@evensong.fuji” rel=”nofollow”>.…

    áëàãîäàðåí!!…

  74. ross Says:

    gyration@ngo.cosponsored” rel=”nofollow”>.…

    ñïñ çà èíôó!!…

  75. fredrick Says:

    brokenly@herring.sarpsis” rel=”nofollow”>.…

    ñïñ!!…

  76. claude Says:

    childrens@refinements.pope” rel=”nofollow”>.…

    ñýíêñ çà èíôó!!…

  77. Erik Says:

    possible@statu.crewcut” rel=”nofollow”>.…

    hello!!…

  78. tom Says:

    religiously@cinches.principle” rel=”nofollow”>.…

    tnx for info….

  79. Hector Says:

    calfs@outstanding.tablespoon” rel=”nofollow”>.…

    ñýíêñ çà èíôó!…

  80. morris Says:

    prestige@crosby.prevents” rel=”nofollow”>.…

    áëàãîäàðåí….

  81. Marshall Says:

    buoys@dissolve.gide” rel=”nofollow”>.…

    áëàãîäàðñòâóþ….

Leave a Reply

You must be logged in to post a comment.

 

Navigation: