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Originally Posted by Mr Roboto
So is Salesforce legit? Or is it some flash in the pan, like one of those late 90's dotcom companies. Ive just read in a few places they dont think this company is around for the long haul. IE - their stock is currently way overvalued and the bubble is soon to pop.
If so, wondering about the feasibility of this project. I know theres always speculation about companies like this, but just a little concerning that this prognosis has been found in a few places.
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I think they'll be around for awhile and they have nicely evolved into something that's increasing overall around the world rapidly. Their revenue last year was $10.5B. Just 5 years earlier in 2013, it was barely over $3B. Their revenue has over tripled in just 5 years. Tons of major companies use them - Amazon, Facebook, AT&T, American Express, Coca Cola, Deloitte, Delta, Ernst & Young, Honeywell, Intel, Kellogg's, Merck, NBA, NBC, Nike, Oracle, Siemens, Toyota, US Bank, etc many more.
You could argue about like 20 years from now, but a company that increases their revenue by over 3X in just 5 years? Come on.