something is a foot, page-95

Thanks ValueSearch. I think we can all agree that no matter which way you cut it, it sure as hell ain’t the “hyper growth” that we were all promised!

The other main thing which I just can’t get my head around is the prices that they are charging to some of the biggest companies on the planet - the pricing just seems way too low. Intranets/employee experience platforms, etc, whatever you want to call them should be a fairly vital part of a successful company’s daily work routine, and yet we are charging Nestle only $700K per annum (admittedly this can increase with additional users, etc). This wouldn’t even be a rounding error for Nestle and I imagine they wouldn’t bat an eyelid at paying ten times that amount. The reason/excuse that has been given to me is that that’s roughly where the competition is pricing their products so despite having a superior product LVT can’t charge much more than market rates. All the same it seems insanely cheap to me! I guess maybe they’ll have the ability to increase the pricing in future years as hopefully market rates increase??