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The closest comparable I can think of is Salesforce which has a $34B valuation right now as a public company. Totally different sector, but a software company t
by mmaunder 13y ago
The closest comparable I can think of is Salesforce which has a $34B valuation right now as a public company. Totally different sector, but a software company that focuses on doing one thing really well and generates over $3Bn yearly revenue.
https://www.google.com/finance?q=NYSE:CRM&sa=X&ei=Gq_ZUvPkF5PRkQfX84GoAw&sqi=2&ved=0CCsQ2AEwAA https://www.google.com/finance?q=NYSE:CRM&sa=X&ei=Gq_ZUvPkF5...
- rgbrenner 13y agoSalesforce ... a software company that focuses on doing one thing really well One thing? They own Heroku, Desk.com, Work.com, and several other companies.
- monkeyspaw 13y agoAnd their focus over the next few years is to be the cloud computing company for businesses. Had a salesforce VP tell me recently that SF wants to dominate non-CRM software (e.g., electronic medical records in the cloud) while Oracle and SAP are still working on figuring out this whole "cloud" thing. Large businesses are still just entering the cloud with a lot of their software. Salesforce is the company they think of when thinking cloud. There's a lot of power in that.