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Salesforce.com: Another Valley IPO

Posted by ryuzaki0 on from the rising-tide-of-software dept.

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. If my employer gave me 1% ... by Anonymous Coward · · Score: -1, Offtopic

    I'd spend it getting drunk and watching porn.

    Then I'd come back and tell everyone how good it felt to do something for the community.

    Lee

  2. Re:The Investor Elves were heard singing... by Anonymous Coward · · Score: -1, Offtopic

    Welcome, welcome to hell.
    I think it's time to short sell...

  3. Re:eh? by Anonymous Coward · · Score: 0, Offtopic

    At the same time Microsoft has $40bil in the bank, he lays off thousands of Microsoft employees and contractors in favor of cheap labor curries.

    Compassionate capitalism, my ass.

  4. Shilling on slashdot? by Anonymous Coward · · Score: -1, Offtopic

    I'm shocked. I must be new here.

  5. Re:1%? by hanssprudel · · Score: 0, Offtopic

    I would start reading the articles as well, but I have to spent some time creating the appearance that I am working...