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>Their ticker is cool and maybe sales force wants to be DATA on nasdaq...Otherwise, it will be hard to justify this high markup for a tool company. You make it
by will_brown 7y ago
>Their ticker is cool and maybe sales force wants to be DATA on nasdaq...Otherwise, it will be hard to justify this high markup for a tool company.
You make it sound like the ticker symbol justifies a $15.7B price tag...
- prepend 7y agoI didn’t intend that, but searching for reasons for such a high value. I think we are many years away from $15B vanity ticket symbols.
- pmart123 7y agoA CEO of a soon to IPO company should most definitely take “AWS” as the ticker.
- basch 7y agoBecause they are the clear market leader in the category, have been for a long time, only recently falling behind Microsoft. (within the last 2 years of their 20 years as a company.) Give it a year or two to integrate into Salesforce and they will be neck and neck. This is just as much a bailout to Tableau to save them from being dwarfed by Microsoft. https://interworks.com/blog/ksloan/2019/04/03/the-2019-gartner-bi-magic-quadrant-visualized-in-tableau/ https://interworks.com/blog/ksloan/2019/04/03/the-2019-gartn...