As of today, the sofware company I’m working for is trading below book value. That’s despite the fact that we’re sitting on a big pile of cash and investments and we have good cash flow (our market cap is less than 2x our annual revenue streams).
So I’m starting to wonder whether I’ll still be employed in 3 months’ time, what company I’ll be working for, and whether it will be in San Diego or somewhere further north.
