The Wall Street Journal ran an article about Palo Alto Software, and our family succession strategy. It’s always fun to make it into the main stream press, and I think succession strategies are interesting and often very poorly implemented.
Tim (my Dad) wrote a little bit more about the article and his thoughts on his blog at blog.timberry.com I think that often times family businesses fall apart when it’s time to figure out who takes over from the previous generation. Tim and I have worked hard to make sure that we do this as well as possible, and that the end result is a company that is better off for the change. I feel like we have succeeded, but of course only time will tell!