Setting the Record Straight
It has come to my attention over the past several weeks that a number of stories have been circulating in certain corners of the industry — stories suggesting that PriviCe is in financial difficulty, that client commitments are under strain, and that the company may not see out the year. I want to address this directly.
These rumours are false. PriviCe is not in financial trouble. Our balance sheet is healthy, our client relationships are intact, and our delivery programme is running to plan. I have reviewed our accounts personally and spoken to every member of the leadership team this week. There is no basis for the speculation currently in circulation.
I understand that in a difficult economic climate, companies of our size attract scrutiny. That is reasonable. What is not reasonable is the spread of unverified claims from sources who, to be direct about it, have no knowledge of our internal position whatsoever. We have not issued redundancies. We have not deferred payment to any supplier or partner. We have not missed a single client milestone this quarter.
If you are a client reading this: nothing has changed. If you are a prospective partner reading this: the same applies. If you are whoever started these particular threads on the mailing lists: I would invite you to get in touch before publishing next time.
PriviCe was built on a simple principle — making innovation easier for the people we work with. That has not changed, and neither has our ability to do it.