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back to article Biz network shows HALF of Nimbus Data's staffers left in 1 year

Startup Nimbus Data has endured an exodus of recently hired executives as well as a high level of staff turnover. But the storage firm maintains that it's a high-growth company and staff have to succeed or depart. The company, founded in 2006 to sell Breeze unified iSCSI and NAS storage "pizzaboxes" running its Halo software, …

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Hmmmm

Sounds like a fun place to work

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Holmes

Nimbus said it was a 30-person firm, with 95 per cent of staffers being engineers

Which poor non-tech and a tech are the ones getting cut in half then? And what are they doing with the leftover bits?

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Anonymous Coward

When no one you hire in sales is successful...

...is the problem the sales person, or the product?

Easier to fire the sales people than fix the product.

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Anonymous Coward

Revenues in 2012

They have put out a press release saying that they shipped "over one petabyte (1,024 terabytes) of flash memory in its last month" resulting in "415% sales increase for the company in 2012".

They're priced at roughly $8 per GB so 1PB is roughly $8M. Assuming this is 50% of their total sales in 2012 (hard to imagine they've sold more), they made about $16M in 2012 and $3M in 2011.

Impressive growth but hardly the mark of a company that is expected to IPO in "12 to 18 months" (their words, not mine)

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