Thursday, December 04, 2008

MicroStrategy CEO may lose his Jet

MicroStrategy CEO had leased a Jet during hay days couple of years back with lot fan fare. It made CEO (Michael Saylor) stand in line with CEO of Google etc. Now it is coming back to them. USD 25 Million a year lease of plane is getting lot of flak from the investor/share holder considering that's almost equal to last quarter revenue of the company. There is grapevine that MicroStrategy would not continue with the lease that comes for payment in December end.

Update 25th Feb 2009
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this post will be taken off soon as this I found some contradicting fact(s). Reason was not immediately taking down: may not "un"harm the reputation

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