Salesforce IPO and Numbers

The poster-child of the ASP business is getting ready to do its IPO. WSJ reports on its numbers: USD 66 million in revenue for the the months ending Oct 31, a USD 4.7 million profit, 400+ employees, over 8,000 customers and more than 110,000 paying subscribers. Writes WSJ: “Salesforce makes software for tracking customer accounts and automating the sales process. Unlike most business-software makers, however, the company, founded in 1999, doesn’t sell its software as a product. Rather, it manages the technology in its own data centers. Subscribers pay a monthly subscription fee, and connect to their data through the Internet.”


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Rajesh Jain

An Entrepreneur based in Mumbai, India.