3.0
Nov 15, 2019
Recommend
CEO approval
Business Outlook
Pros
Many parts of the company are very well run. Nearly zero downtime for the product shows the effect of prior investments in systems and growth and great employees.
Cons
Necessary investments are now being ignored both the system and the employees are at their breaking point. A lot of people are job hunting and our long streaks of system uptime are in the past. If I see that Clearlake is an owner in any future job prospect I will run the other way. They've stripped a ton of value out of this company and there is a personal cost to me. Also, they were really tricky/shady when it came to the vesting of stock options. They got a ton of cash, but shareholders got nothing with a partial sale of the company to another PE firm.
