Member Info for Yesimabeliever

In fairness, I kinda like Ste and in his glass very empty kinda way. Although I do find it a bit cheeky him calling me a ramper, when he was talking up this share on this very board at 2.05 in Dec 21. That actually cost people a lot of money.

Crazy the musicmagpie ended up on the LSE, but at the time listed markets we offering exiting PE many multiples above another round of PE..how the market has turned!

Dearest Ste who loves to post FUD and conspiracies all day long, just to be clear we don’t know if Vivek walked or was pushed. Pure speculation on your part. One thing is for sure, if Ingenuity doesn’t start consistently landing enterprise clients then there isn’t much upside in this share. MM neck is on the block, whales needed to save his bacon. Is that ramping?

1. Steve has he walked? We don’t know the full story

2. Actually I think THG have handled this in a cack handed manner. I would have expected them to put out a proper statement out instead of silence. I expect news leaked to press, so delighted that the market hasn’t got the hump this morning. I know you love to celebrate a 1p sell off, but it’s small beer.

3. I am allowed to think that a CTO with quite a corporate background may not be the ideal profile to grow Ingenuity. Where is the ramping

And for the record Vivek may have done a perfectly good job for 2 years restructuring Ingenuity, running off unprofitable business and pivoting towards enterprise clients..he just might not be the right guy to drive top line growth now that is done

We don’t know what’s gone on with Vivek so no point speculating. It is the job of the Ingenuity CEO to drive performance of the division, and in Ingenuity’s case it needs top line growth. So personally I would rather have an experienced scale up CEO overseeing it with a background in developing B2B relationships and a black book of contacts, than a CTO in his first CEO role. Just my opinion

Come on guys let’s use this thread. I’m OK with Vivek going, Ingenuity needs a salesman/marketer driving it and glad to see a grown up in Ingenuity in Crane who has made his money already so won’t be a yes man for MM which is what is needed

Well looks like Vivek the blue chip CTO wasn’t the man to scale Ingenuity and looks like the market already knew it, so all eyes on Mr Crane. His CV appears to be a better fit for the job in hand - salesman/entrepreneur who has made it happen more than once, including the US. Last chance saloon for MM though….

Well mr market either already knew Vivek was gone, or is totally indifferent!

I’d like to see ingenuity merged with another business to get some scale into it and some clients to cross sell. Whatever happened to its strategic alliance with bigcommerce..all gone quiet

Agree 101, Vivek was a CTO turned first time CEO not converting whales. Alistair Crane looked like a Chair to fix a sales problem, would expect him to be move to Exec Chair and then bring in someone he knows to in the US which is the market they seem to be targeting. Exciting times.

Lets see what the new Ingenuity Chair does....looks like a man of action from his track record

Not entirely suprised on Vivek....no big sales and a sales driven Chair brought in a few weeks ago...Alistair Crane will either become Ingenuity CEO or bring in his own people

The sell off post RNS IMO was all macro and rates staying higher for longer. FUD’s hijacked it as usual as they need conspiracy.My opinion of course, personally I think Iain Mc is a bright guy and valueable member of Board given Ecomm and expertise and investor network. I can see why MM wants him around.

No one is interested in Iain Mc apart from a few frustrated PI’s on a witch hunt. Kelso is minor noise

I seem to remember there was a US bid last summer..just not the right terms for shareholders

Said MM “they don’t believe the Lse is the right place to growth their 3 divisions”…the only uncertainty is timing and price

Gotta close their shorts out before COB. Can't risk an RNS dropping overnight

Ste’s pinky will be sore, we’ve had a 50p drop

Don’t mock our mate Ste, he must be running massive positions because he celebrates a 1p down day like he’s won the lottery