kitler53 said:
Turkish said:
With that money I'd buy Twitter, Netflix and Alibaba combined instead of a company that never turned profit and no one has ever heard of.
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really surprised so many are saying "a company no one has heard of". you guys must be young because salesforce is massive in corporate america.
and a company doesn't need to be profitable to be valuable. you can run a company for profit or for growth,.. salesforce has been in growth mode and making massive strides in revenue and market penetration. this is important because once a company transitions to profit mode a 1% profit margin on a billion in revenue is a lot more than 1% on a million in revenue.
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"you guys must be young", "massive in corporate america" Really, what kind of reasoning is that? Everyone outside corporate america is young?
I expect salesforce bubble to burst within 5 years. Sooner or later people will want to see some of their investments back, and if other cloud solutions prove to be better, they'll abandon them.