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I worked at Actuate full-time (Less than a year)
A lot of great people to work with at the individual and first level manager levels. Good technology that was fun to work with.
CEO had trouble innovating and sticking with a strategy. Every 9 months the CEO was trying to reinvent the company which made it impossible for any strategy to get traction.
Advice to Management
Pick a strategy and stick with it. You have a good team, strong technology and loyal customers. Trust in them more.