So, yeah, I absolutely love some parts of Supermicro (one word, no InitCaps...), especially the AM5 bits that power most of my servers, but...
Going public in the US was absolutely not the correct choice for them. Other than, quite obviously, not being able to keep up with the accounting requirements (which are, like, 80% of the job for any public company, the other 20% being split 80/20 between 'keeping shareholders happy' and 'doing the right thing'), they just lost sight of their core market, which used to be "cutting edge reference design boards for people who know what they're doing."
Instead, we got "packaged solutions" that included overpriced RAM and SSDs/HDDs. Well, sure, if I'd wanted that, I'd rather go to Dell/EMC! Because they at least have the delivery capabilities, which Supermicro has also been under-performing on for the past years.
Going public in the US was absolutely not the correct choice for them. Other than, quite obviously, not being able to keep up with the accounting requirements (which are, like, 80% of the job for any public company, the other 20% being split 80/20 between 'keeping shareholders happy' and 'doing the right thing'), they just lost sight of their core market, which used to be "cutting edge reference design boards for people who know what they're doing."
Instead, we got "packaged solutions" that included overpriced RAM and SSDs/HDDs. Well, sure, if I'd wanted that, I'd rather go to Dell/EMC! Because they at least have the delivery capabilities, which Supermicro has also been under-performing on for the past years.
So, yeah...