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I don't think there's a fascination, I just think that's where most VCs invest their money, and it can be a compelling investment for acquisitions. The larger
by endlessvoid94 13y ago
I don't think there's a fascination, I just think that's where most VCs invest their money, and it can be a compelling investment for acquisitions.
The larger issue is that short term profitability is not the only thing to look at. It should certainly be one thing to consider, but there are lots of examples of companies that became enormous after a long period of unprofitability. And since ET has so much revenue and only 7% loss compared to that revenue, I can totally see how this would be a good investment for Salesforce.