In a particularly thoughtful post last night, Mini explained why he hasn’t left.
But he also said that he’s among the senior software talent that can’t take the flat stock too much longer:
“I can tell you this: I, like a lot of senior Microsofties, can’t imagine staying for another year of flat stock growth. I’ll have to be developing the bestest, funnest software in the world to live through another year of watching a stock price that meanders around like a fat, gassy contented cow from Carnation. I see this next year as the loyalty tipping point for Microsofties who have held on this long, hoping beyond hope for the shares to finally perform. If that doesn’t happen, the office spacing problem around large of chunks of Microsoft will start to ease up without new buildings opening. And be wary of those who do stay, because you’ll have to ask why.”
That last bit about the office space is particularly timely, given the Bellevue announcement today. It amplifies my previous post about Microsoft opting to lease versus buy — maybe the company’s waiting to see how things go in 2007 before building.