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Carbonite CEO admits dropping Limbaugh hurt growth more than expected
Legal Insurrection ^ | Friday, August 3, 2012 at 12:13pm | William A. Jacobson

Posted on 08/03/2012 11:45:23 AM PDT by Olog-hai

Carbonite famously dropped Rush Limbaugh on a Saturday Night at the height of the Sandra Fluke controversy. Carbonite became the poster child for the Rush boycott movement organized by Media Matters, which coordinated the effort with so-called independent groups. …

Since that time the Stop Rush effort has imploded, with backstabbing and accusations among the participants. Limbaugh has had better numbers than ever, and the hype surrounding Mike Huckabee as a Limbaugh replacement has gone flat.

Yet what became of Carbonite?

On August 1 Carbonite released its 2d Quarter 2012 results, the first full quarter after dropping Limbaugh in March. The results shocked Wall Street, as Carbonite did not meet its growth targets, causing multiple analysts to drop the target price. The stock dropped 15% in a day.

Most important, in a conference call held on August 1, the CEO David Friend admitted that dropping Limbaugh damaged Carbonite’s growth, and is likely to do so for at least one or two more quarters. …

(Excerpt) Read more at legalinsurrection.com ...


TOPICS: Business/Economy; Conspiracy; Society; Weird Stuff
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1 posted on 08/03/2012 11:45:31 AM PDT by Olog-hai
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To: Olog-hai

2 posted on 08/03/2012 11:47:55 AM PDT by DannyTN
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To: Olog-hai

3 posted on 08/03/2012 11:48:50 AM PDT by PetroniusMaximus
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To: Olog-hai

Yes, but at least they have their principles as they refuse to participate in the WOR ON WYMYN!!


4 posted on 08/03/2012 11:49:27 AM PDT by Dr. Sivana ("I love to hear you talk talk talk, but I hate what I hear you say."-Del Shannon)
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To: Olog-hai

“I guess I’m a little surprised that you were caught by surprise by the radio host change ’cause I know we’ve talked and I guess my impression was that it wouldn’t be that impactful but I guess it was quite impactful.”

LOL. Is this another version of “unexpectedly”?

You know, when you are in control of the media I’ve seen one of the consequences is you start to believe your own hype. They really do believe that green jobs will revive the economy, that gay marriage will not tell against them, that cutting out the EVIL RUSH will not lead to backlash.

They are always so surprised when it does but keep plugging along, digging deeper.


5 posted on 08/03/2012 11:50:15 AM PDT by I still care (I miss my friends, bagels, and the NYC skyline - but not the taxes. I love the South.)
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To: Olog-hai
(24:15) [ . . . ]I guess my impression was that it wouldn’t be that impactful but I guess it was quite impactful.

Would you trust your data with a company whose CEO uses "words" like IMPACTFUL?
6 posted on 08/03/2012 11:51:08 AM PDT by Dr. Sivana ("I love to hear you talk talk talk, but I hate what I hear you say."-Del Shannon)
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To: Olog-hai

Ghost a removable harddrive, and store it in a safe place. It’s cheaper, better and doesn’t require dealing with incompetent people to get your data back.


7 posted on 08/03/2012 11:51:51 AM PDT by pallis
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To: Olog-hai
I am sooooooo sad.
8 posted on 08/03/2012 11:53:23 AM PDT by ataDude (Its like 1933, mixed with the Carter 70s, plus the books 1984 and Animal Farm, all at the same time.)
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To: pallis

Been there doing that....right in my work bag!


9 posted on 08/03/2012 11:53:34 AM PDT by Shady (The Tea Party is the Party of the American People, Working and creating wealth in SPITE of OBAMA!)
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To: Olog-hai
Mr. Bean? Is that you?

No one with daughters the age of Sandra Fluke, and I have two, could possibly abide the insult and abuse heaped upon this courageous and well-intentioned young lady. Mr. Limbaugh, with his highly personal attacks on Miss Fluke, overstepped any reasonable bounds of decency. Even though Mr. Limbaugh has now issued an apology, we have nonetheless decided to withdraw our advertising from his show. We hope that our action, along with the other advertisers who have already withdrawn their ads, will ultimately contribute to a more civilized public discourse. - David Friend, CEO of Carbonite

10 posted on 08/03/2012 11:54:40 AM PDT by TSgt (The only reason I have one in the chamber at all times, is because it is impossible to have two in.)
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To: Olog-hai
He knew he was going to get shorted and he did it anyway, his whole 'making a point' thing almost amounts to corporate malfeasance.

Given how long they were with Rush, surely there are conservative shareholders that could bury this clown in litigation.

11 posted on 08/03/2012 11:55:31 AM PDT by StAnDeliver (=)
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To: Olog-hai

damage one or two more quarters? I’d think again, big boy.
Conservatives don’t like people who cave to leftists. But, unlike leftists, we won’t burn your building, we’ll just think you don’t exist.


12 posted on 08/03/2012 11:55:39 AM PDT by Bitsy
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To: Olog-hai
I’m not regretful of the decision, I think things would have been worse had we not done that.

In Jim Collins Good to Great, the author maintains that great companies are able to face reality. This doofus has decided to double-down. In effect, he has told all Rush Limbaugh listeners that he doesn't want our business.
13 posted on 08/03/2012 11:55:47 AM PDT by Dr. Sivana ("I love to hear you talk talk talk, but I hate what I hear you say."-Del Shannon)
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To: Olog-hai

Just caught this at the tail end of the article:

“Update: Carbonite shareholders have another reason to worry. Friend has just started a potentialy competitive online storage company with a recently departed executive.” Friend was the man in the interview, the CEO of Carbonite.

So the CEO that made this decision, got together with a “recently departed executive” (planned?) and started a competing business? Did this guy sabotage his own company purposely? Or does he just think he is the wheeler dealer of the year?

In any case, looks like he single handedly destroyed Carbonite.


14 posted on 08/03/2012 11:57:12 AM PDT by I still care (I miss my friends, bagels, and the NYC skyline - but not the taxes. I love the South.)
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To: Olog-hai

A 32 gig thumb or sd card drive goes a long way for backup, especially if you record critical data on two.

I would not trust a third party not to scan my data, like gmail and the other “free” emails do.


15 posted on 08/03/2012 11:58:13 AM PDT by DBrow
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To: Dr. Sivana

Corporate buzzwordism is contagious. He can’t help it. The latest irritating buzzwordist phrase is “reach out.” It just sounds so helpless. Warm and fuzzy, but helpless. I grit my teeth every time I get an e-mail containing it. I don’t want someone to “reach out” to me, I want them to answer my &@$% question, lol.


16 posted on 08/03/2012 11:58:13 AM PDT by RegulatorCountry
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To: Olog-hai

Yep. You also looked desperate doing TV commercials on Fox for the 1st time, which yielded zip in terms of results.


17 posted on 08/03/2012 11:58:25 AM PDT by Vendome (Don't take life so seriously, you won't live through it anyway)
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To: Olog-hai

I am always surprised by the extremely short-term thinking of so-called business “leaders.”

Sandra Fluke was a political prop, who was prostituted for some cheap headlines, and with the media life-span of a fruit-fly.

Yet these business wizards decide THAT is the important issue on which they will take a stand and bet their company’s fate.

Idiots.


18 posted on 08/03/2012 11:59:05 AM PDT by PGR88
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To: Olog-hai

You should be replaced as your principles hurt your #1 constituency...The Stockholder.


19 posted on 08/03/2012 12:00:17 PM PDT by Vendome (Don't take life so seriously, you won't live through it anyway)
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To: Olog-hai

I’d love to know how ProFlowers is doing after siding with the Occupy set over Rush.


20 posted on 08/03/2012 12:00:30 PM PDT by workerbee (June 28, 2012 -- 9/11 From Within)
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To: I still care

What’s he gonna call the new company , Kryptonite ?


21 posted on 08/03/2012 12:01:06 PM PDT by UCANSEE2 (Help. How do I put something in my tagline.)
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To: PGR88

You beat me to it!

I was just going to say, how many libtards on the street could even tell you who Sandra Fluke is? How many could tell you who Rush is?

Case closed.


22 posted on 08/03/2012 12:02:15 PM PDT by workerbee (June 28, 2012 -- 9/11 From Within)
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To: Olog-hai

Carbonite is going to cease to exist.

They have passed the tipping point in educating potential customers on how NOT NEEDED they are. The “cloud” is not to be trusted with any personal or business data.


23 posted on 08/03/2012 12:03:06 PM PDT by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
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To: Olog-hai

Rush doesn’t want you back.

Good luck...


24 posted on 08/03/2012 12:08:44 PM PDT by tickedoffnow (No more...)
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To: longtermmemmory
The “cloud” is not to be trusted with any personal or business data.

I predict that we are going to see a major Cloud Hacking scandal break within the next 12-18 months.

25 posted on 08/03/2012 12:12:02 PM PDT by Buckeye McFrog
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To: Olog-hai

I cancelled the two accounts I had with them that week they dropped Limbaugh (and let them know why). Glad to hear it had an effect.


26 posted on 08/03/2012 12:22:53 PM PDT by SW6906 (6 things you can't have too much of: sex, money, firewood, horsepower, guns and ammunition.)
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To: Olog-hai

Trouble was, Mr Friend, that Ms Fluke was ...by her own description...indeed a sl....er...Obama voter.

Trouble is, Mr Friend, that we now would like you to shove your company up your own smelly Obama.


27 posted on 08/03/2012 12:24:13 PM PDT by Da Coyote
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To: Olog-hai
Media Matters efforts to dump Limbaugh - FAIL

Couldn't happen to a nicer bunch.

28 posted on 08/03/2012 12:25:34 PM PDT by JPG (Mount your steeds. Nov '12 is for all the marbles.)
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To: Olog-hai

I am a former customer. They are trying to get me back. They can pound sand.


29 posted on 08/03/2012 12:26:40 PM PDT by coon2000 (Give me Liberty or give me death!)
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To: DBrow

I burn discs and box them away. I’d go broke buying 32 or 64 usb drives for the raw and edited hd video I generate for stock use and other stuff.

There must be hundreds of discs in storage. I sometimes open a box and cull things that have no value any more or I know I have yet another copy elsewhere plus liberate the jewel cases.

I’ve started going to paper sleeves for discs in the data morgue. Jewel cases cost too much to sit doing nothing. Really important ones will rate a case.


30 posted on 08/03/2012 12:28:08 PM PDT by wally_bert (It's sheer elegance in its simplicity! - The Middleman)
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To: DBrow

I burn discs and box them away. I’d go broke buying 32 or 64 usb drives for the raw and edited hd video I generate for stock use and other stuff.

There must be hundreds of discs in storage. I sometimes open a box and cull things that have no value any more or I know I have yet another copy elsewhere plus liberate the jewel cases.

I’ve started going to paper sleeves for discs in the data morgue. Jewel cases cost too much to sit doing nothing. Really important ones will rate a case.


31 posted on 08/03/2012 12:28:24 PM PDT by wally_bert (It's sheer elegance in its simplicity! - The Middleman)
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To: DBrow

I burn discs and box them away. I’d go broke buying 32 or 64 usb drives for the raw and edited hd video I generate for stock use and other stuff.

There must be hundreds of discs in storage. I sometimes open a box and cull things that have no value any more or I know I have yet another copy elsewhere plus liberate the jewel cases.

I’ve started going to paper sleeves for discs in the data morgue. Jewel cases cost too much to sit doing nothing. Really important ones will rate a case.


32 posted on 08/03/2012 12:28:45 PM PDT by wally_bert (It's sheer elegance in its simplicity! - The Middleman)
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To: DBrow

I burn discs and box them away. I’d go broke buying 32 or 64 usb drives for the raw and edited hd video I generate for stock use and other stuff.

There must be hundreds of discs in storage. I sometimes open a box and cull things that have no value any more or I know I have yet another copy elsewhere plus liberate the jewel cases.

I’ve started going to paper sleeves for discs in the data morgue. Jewel cases cost too much to sit doing nothing. Really important ones will rate a case.


33 posted on 08/03/2012 12:28:52 PM PDT by wally_bert (It's sheer elegance in its simplicity! - The Middleman)
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To: wally_bert

So, you make 4 copies of everything. You will go broke.


34 posted on 08/03/2012 12:34:37 PM PDT by Stentor
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To: Olog-hai

My subscription expires the end of AUG.

I’ve already told them I’m not re-newing as I don’t do business with cowards or Democrats.


35 posted on 08/03/2012 12:34:51 PM PDT by Arm_Bears (Re-distribute my work ethic, not my wealth.)
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To: Olog-hai

When will people learn that actions have consequences? But, when you sell your soul to be in the in-crowd, the result is never pretty. God bless Rush Limbaugh!


36 posted on 08/03/2012 12:36:28 PM PDT by Shery (in APO Land)
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To: Stentor

That’s a lot of “disceses”


37 posted on 08/03/2012 12:40:11 PM PDT by RckyRaCoCo (I prefer liberty with danger to peace with slavery, IXNAY THE TSA!)
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To: DBrow
"A 32 gig thumb or sd card drive goes a long way for backup, especially if you record critical data on two. I would not trust a third party not to scan my data, like gmail and the other “free” emails do."

I still don't get the idea of "cloud" backup. Not only is it not secure (nothing is), but unless you are graphic or video intensive, you can back up most of your files (even apps) on a thumb drive or disc. If that's not enough GB's, there are cheap external drives for hundreds of GB's, that you can store elsewhere or grab and run. What's the point? Most people don't even use close to the 300 GB's on their own computers.

If you're a file intensive company, then you have your own servers and back up systems. I believe it is a solution to a non-problem.

38 posted on 08/03/2012 12:43:40 PM PDT by A Navy Vet (An Oath is Forever)
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To: Olog-hai
..... and is likely to do so for at least one or two more quarters. …

An extremely cold day in Hell, Carbonite. An extremely cold day. That is when I'd think of using your service...just like Chysler, GM, Progressive Insurance, Amazon.com, et al. I won't subsidize liberal madness.

39 posted on 08/03/2012 12:46:03 PM PDT by Gaffer
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To: A Navy Vet

The European Union is trying to push cloud computing in a big way; even their native businesses and population are still wary of it. Carbonite looked to me like the first vestiges of such an assault on US computing.


40 posted on 08/03/2012 12:49:09 PM PDT by Olog-hai
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To: DannyTN

They are going to get an even bigger surprise when it comes time for me to renew my subscription. I have canceled the automatic renewal of membership and will take my business elsewhere. I tried to get a refund but they refused.


41 posted on 08/03/2012 12:58:18 PM PDT by Keli Kilohana (Editor, ZARR CHASM CHRONICAL [sic], Sore, WV)
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To: Olog-hai
Carbonite is a rip off to start with , let alone the Rush thing. I had it before they left Rush but since then my computer crashed. I've been trying to get my files they hold brought up to my new computer for two months now with no results. My daughter just got back from out of town and she is a computer expert so before I completely give up, she is going to try one more time to transfer the info. No matter what though, I am through with Carbonite.
42 posted on 08/03/2012 1:04:37 PM PDT by fish hawk (Religion: Man's attempt to gain salvation or the approbation of God by his own works)
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To: Olog-hai

I was just seriously condsidering signing up when the flack started...now it will be never.


43 posted on 08/03/2012 1:09:14 PM PDT by tiki
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To: Olog-hai

What? You mean the left didn’t get behind him and give him tons of business for standing up for them. Guess Slut’s are us is too busy spending their money on sex toys and contraceptives.


44 posted on 08/03/2012 1:19:43 PM PDT by formosa (Formosa)
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To: Olog-hai

I can’t decide which story I like better. This one, or the one about that Adam Smith guy antagonizing the young lady at the Chick-Fil-A drive-up window losing his job.

A good day in the news!


45 posted on 08/03/2012 1:19:54 PM PDT by NEMDF
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To: Olog-hai
Well keep marketing it to strange woman who cry about needing $3k worth of free birth control aka sluts.
46 posted on 08/03/2012 1:22:23 PM PDT by Vision ("Did I not say to you that if you would believe, you would see the glory of God?" John 11:40)
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To: Olog-hai

Carbon what???


47 posted on 08/03/2012 1:24:28 PM PDT by Dogbert41 ("...The people of Jerusalem are strong, because the Lord Almighty is their God" Zech. 12:5)
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To: Olog-hai

I don’t even remember what type of idiot Sandra Fluke was.


48 posted on 08/03/2012 1:28:23 PM PDT by donna ("...gay couples raising kids. That's the American way..." -Mitt Romney, 2007)
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To: I still care

It’s hard to imagine that Carbonite doesn’t have a non-competitive clause in all its executives’ contracts. But if a ‘recently departed’ exec and a current exec are setting up a competing company that is management of the worst imaginable sort.


49 posted on 08/03/2012 1:32:24 PM PDT by EDINVA
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To: Olog-hai

The losses brought about by limo-liberal CEO activism are not so clear for global corporate share holders too see. But every time a Google executive flaps his lips about his radical political and social causes, it costs the corporation good will among potential consumers. JC Pennies...what were they thinking?


50 posted on 08/03/2012 1:33:42 PM PDT by SaraJohnson
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