Pivotal: A Long Time Coming [Seeking Alpha]
PIVOTAL SOFTWARE INC (PVTL)
Last pivotal software inc earnings: 9/4 04:11 pm
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Source: Seeking Alpha
Summary Pivotal (NYSE: PVTL ) is still attractive, even after the post-earnings run-up. Go long this name as it is already a force to be reckoned with in the software world. Join us on a deep-dive into this name, including a long journey to the glory of today’s post-earnings pop. Background Six days ago marked a big moment in the business trajectory of Pivotal; its first earnings call as a public company. Pivotal came public on April 20 th at $15 per share. But the story of Pivotal is a long and winding one. Robert Mee, current CEO, co-founded Pivotal Labs in 1989. Mee and his team popularized the software engineering method of Agile development, working in small teams and iterating versus the old waterfall method, focused on mitigating risk. For example, this method is so popular in the tech world that if you google the word, “agile” the first result will be in the software context rather than the lateral movement/agility meaning of the word. Mee’s baby w
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