A decade ago, as a recruiter for a data storage company called StorageNetworks Inc., Jason Jacobs was flying around the country to help his employer open field offices. “We were hiring six or 10 people every week, and at one point, I was living out in San Mateo for a month to get our West Coast office opened,’’ he recalls. “It was a crazy time.’’
The Waltham company, founded in 1998 to help fast-growing dot-coms and big corporate customers deal with the explosion of data, went public at just two years old, without ever having turned a profit. Its shares began trading on the Nasdaq stock market at $27 and ended their first day at $90.
To read the full, original article click on this link: Today’s tech firms leaner, focused on slower growth - The Boston Globe
Author: Scott Kirsner
