Gary Turner plans to leave Pegasus

According to the latest press release by Pegasus, Gary Turner plans to leave Pegasus in June 2007.

Ken Walters, President of Infor’s financial solutions division said, "Infor is totally committed to driving Pegasus forwards. While we regret Gary’s decision to leave, we also respect it was his personal decision. I would like to thank him for his significant contribution, particularly since joining Infor, and we all wish him well.”

Turner said “After a very enjoyable and rewarding twelve years at Pegasus and as part of the team that returned the company to health and prosperity in recent times, I am obviously leaving with mixed emotions. But I concluded that the timing was natural for me to seek out a different challenge."

Gary has also updated his profile on  LinkedIN, indicating he is ready to explore opportunities. Now what opportunities will Gary be interested in:

  1. Low risk: Join another accounting software vendor – he might find this mentally not challenging given his achievements at Pegasus.
  2. Medium risk: Join another software company, but not financial. Perhaps CRM or business intelligence – not miles from financials!
  3. High risk: Join or set up a start up – perhaps SaaS based financials system. Then again Gary was not a believer! Its not too late to change your mind!
  4. High-Mediaum risk: start a fund investing in new accounting software companies
  5. Risk – what! Become a beach bum – until he hits upon an Eureka moment!

Good luck Garry! ebdex-Pegasus did not quite work out as planned. Perhaps we can find a better opportunity in the future!

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Vecosys will be relaunched as Blognation – Now that makes sense!

I planned to meet Sam Sethi on Wednesday night to discuss the relaunch of Vecosys, but due to an issue at Sam’s end, we could not meet as planned. My understanding is that when Vecosys is relaunched, it will be as blognation and will be launched in six countries, hopefully simultaneously. It will also cover enterprise and mobile software markets in addition to technology. Sam is clearly demonstrating maturity as a blogger. Achieving diversification and geographical expansion simultaneously is always tricky. Time to take a look at your MBA notes, Sam.

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