Edgecast and Limelight Networks Go Dark, Ending 23 Years of CDN History
At 9am MT on January 16th, the Edgecast and Limelight Networks will go dark. I saw an employee comment that their career at LLNW and Edgecast was “wasted,” but that is NOT the case. The combination of Limelight Networks, Edgecast as a standalone company before it was acquired, VDMS post the Edgecast acquisition, and finally, Edgio, combining it all, employed thousands of employees over 23 years. Combined, they delivered what I would guess to be tens of billions of streams and helped support some of the most significant streaming events at that moment in time. Most importantly, it allowed many to test, trial, and fine-tune new delivery technologies and figure out how to do it at scale.
What many employees learned from being in the trenches, figuring out how to solve complex problems and supporting customer needs allowed employees to advance their careers in the CDN industry. Many have applied that knowledge to other companies they now work for throughout many different industries, not just video. Don’t allow Edgio’s failure as a company to make you second guess what you know and the experience you have gained. In life, good people give you happiness. The worst people give you a lesson. And the best people give you memories. It’s the same in business. For those who worked for any of the Limelight/Edgecast/VDMS/Edgio companies, you gained friends and, hopefully, learned much about business principles.
While many will want to lay blame for what happened with Edgio, that time has passed. Much, but not all, of Limelight’s management team from 2020 and before, pre-the Edgecast acquisition and rebranding to Edgio, set the company on a path they could not recover from. They made terrible decisions because they didn’t listen to customers, didn’t watch their P&L, didn’t understand the competitive landscape and had egos that were out of touch with reality. New management had no chance to fix what was broken and was set up for failure. Edgio won’t be the last CDN to shut down; by my count, they were about the 25th CDN vendor to be shut down over the past three decades. (see cdnlist.com)
If you are heading to the NAB Show in April, I will give you a free pass for the Streaming Summit; please contact me if you’re interested. Also, next month, I will host a Zoom for anyone looking for tips and tricks on advancing your career in the industry or finding a new job, so follow me on LinkedIn for details soon.
For those looking for new jobs, remember how an elite leader in any domain thinks when it’s time for change. Building a skill takes time and effort, and I will invest the time and be tenaciously persistent. I understand that discomfort is part of the process. If I avoid discomfort, I prevent learning. That’s the mindset of someone who is getting better every day. Educate yourself on what you need to know to get the next job. The financial currency in the business world is information. It’s leverage. Change is inevitable, but progress is optional. Stream on.