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Salesforce.com: Another Valley IPO

prostoalex writes "It's a young company led by charismatic executive, it shows impressive growth, is located in Silicon Valley and recently filed for Initial Public Offering. Nope, it's not another Google story - New York Times profiles Marc Benioff and Salesforce.com, the company that said No to software applications (mostly Siebel and Oracle apps) and said Yes to hosted CRM solutions (which it hosts on its own servers). Benioff's personal philosophy is interesting as well, as he calls himself compassionate capitalist, believing that corporate philantropy and check-writing should end, but instead the company should allow their employees to dedicate 1% of paid time to volunteer projects in the community." I've used SalesForce for a while now - it's pretty slick. The era of the web-based software package has come.

5 of 126 comments (clear)

  1. Re:24 minutes by Anonymous Coward · · Score: 2, Informative

    "One percent of Salesforce's profits are diverted to a foundation that Mr. Benioff created when founding his company, and employees get six extra days off a year to volunteer in any community program."

  2. Re:1%? by Anonymous Coward · · Score: 4, Informative

    "One percent of Salesforce's profits are diverted to a foundation that Mr. Benioff created when founding his company, and employees get six extra days off a year to volunteer in any community program."

    It would help if the submitter read the article first...

  3. Re:One Percent by Anonymous Coward · · Score: 1, Informative

    RTFA...

    It's 1% of the company profit and six days of paid volunteer time.

  4. Re:era of the web application by jrumney · · Score: 2, Informative

    Salesforce.com have a webservices interface, that can be used by rich clients to deal with the responsiveness problems.

  5. Re:Privacy concerns by eyewell · · Score: 2, Informative

    This story cannot be true. You can always just go month-to-month and pay $65/user.

    Plus there is no cost everytime you want your data in a csv.

    (reposted in non-anoymous fashion by me, another user, to endorse this point, and allow the posting to be scored)