Who own the AMS company is like the weather...
When I work with clients to find a new AMS, one of the most common questions I get is: "Is the software company owned by private equity or is it privately owned?"
While I think this is a legitimate question to ask and have answered, it is ultimately like knowing what the weather is. You can't do anything about the weather, but you can be prepared for whatever the forecast says might happen.
A company owned privately today may sell tomorrow. A company owned by private equity today may get sold to another PE firm tomorrow. Just like the weather, there's nothing you can do to stop these events. You can only be prepared for them and react accordingly.
All of this is to say, although understanding ownership of a company is important, it probably shouldn't be a major factor in your decision, but rather one of many issues to consider.
Wes's Wednesday Wisdom Archives
The best ideas are stolen
The best ideas are stolen I don’t remember where I first heard it, but someone said […]
It’s all about expectations
It’s all about expectations One of the most critical contributors to the success of a […]
Either you test, or your members will
Either you test, or your members will If I was forced to choose the single […]
But are you really willing to change?
But are you really willing to change? When any organization is making a change in data management […]
Two tips for data conversion
Two Tips for Data Conversion I’ve written a lot about data conversion over the years […]
Who should “own” the database?
Who should “own” the database? One of the most common questions I get from my […]
What makes you weird?
What makes you weird? When I work with clients on selecting a new association management system, one […]
Why “AMS Consortiums” Don’t Work
Why “AMS Consortiums” Don’t Work About once a year I will get a call from […]
Your vendor will disappoint you
Your vendor will disappoint you I follow politics as a hobby. A past publisher from […]
Learn how to lose
Learn how to lose “Winning is great, sure, but if you are really going to […]