Salesforce wanted Microsoft to buy them for 70 billion dollars!

[super6646]

JRPGfan said:

onionberry said:

 "it is one of the most highly valued American cloud computing companies with a market capitalization of $50 billion,^[6] although the company has never turned a GAAP profit since its inception in 1999" -wikipedia 

That makes it 50 billion $ overpriced.

If the damn thing has never made 1 cent of profits, how the hell is it valued at 50 billion $?

 

I think alot of this cloud crap is highly overrated.

I think MS is better off not tossing all that cash out the window.

Its a cloud company, but yeah its overhyped. Amazon doesn't make money either, yet its worth 200 billion. I don't know why investors put their money into these companies, especially since they don't make money; and it can get quite risky.