Initialized Capital's recent layoffs are part of a much larger (and longer) cycle [Fortune]
Vista Outdoor Inc. (VSTO)
Last vista outdoor inc. earnings: 2/6 06:55 am
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Source: Fortune
The changes at Initialized are undoubtedly substantial—along with an undisclosed number of employees, managing partner Jen Wolf and partner and Rent the Runway cofounder Jenny Fleiss will be leaving the firm. In the announcement, Initialized managing partner Brett Gibson wrote out publicly what I usually hear privately—that this just isn't the marketplace they planned for, and that it's time to adjust or falter. “We moved fast and got things done,” Gibson wrote in the Oct. 2 blog post . “Over time, we found success and grew, but we lost a step, added too many layers, expanded the priorities we serviced. It's time to get back to basics.” It's an arresting flash of transparency (in my experience in the private markets, people usually like to hide from their own layoffs whenever possible). It would be easy to focus solely on Initialized—the 2022 departure of Garry Tan marked a new chapter and brought with it the inevitable tensions of a cofounder's exit. But that would be the prover
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VSTO
News
- Vista Outdoor Inc. (NYSE: VSTO) was downgraded by analysts at Aegis from a "strong-buy" rating to a "hold" rating.MarketBeat
- Is Vista Outdoor (VSTO) a Great Value Stock Right Now? [Yahoo! Finance]Yahoo! Finance
- Vista Outdoor Inc. (NYSE: VSTO) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- Leading Independent Proxy Advisory Firms ISS and Glass Lewis Recommend Vista Outdoor Stockholders Vote ‘FOR' the CSG Transaction [Yahoo! Finance]Yahoo! Finance
- Leading Independent Proxy Advisory Firms ISS and Glass Lewis Recommend Vista Outdoor Stockholders Vote ‘FOR’ the CSG TransactionBusiness Wire
VSTO
Earnings
- 11/6/24 - Beat
VSTO
Sec Filings
- 11/18/24 - Form DEFA14A
- 11/14/24 - Form 4
- 11/14/24 - Form 4
- VSTO's page on the SEC website