4 ms·
Additional tests will be Salesforce, Twilio, Docusign, Facebook - all have promised efficiency from here on out. My guess is they'll all start putting up very g
by danielmarkbruce 4y ago
Additional tests will be Salesforce, Twilio, Docusign, Facebook - all have promised efficiency from here on out. My guess is they'll all start putting up very good numbers.
Somewhat fair point. But there are entire areas (like product initiatives) that are extremely speculative and just pet projects which can be cut at many places. Google for example wasted a billion here or a billion there like it was nothing, on things that made little sense, years ago.
- airstrike 4y agoSalesforce has >30% EBITDA margins and annual revenue growth of 10-15%. They're massively profitable... if anything they are the aspirational benchmark nearly everyone else is trying to reach
- danielmarkbruce 4y agoNo, they don't have those EBITDA margins. They report an "adjusted" (ie, fake) EBITDA number in the 20's. It's bs and investors know it's bs. It doesn't include stock based comp.