Look at Workday which provides cloud based HR.
revenue of $120m in 2012 and growing 100% each half with a market cap of $13 BILLION
These companies grow and scale fast once they hit critical mass and revenues follow. Customers also tend to be very sticky.
http://www.google.com/finance?cid=401330883723564
http://www.forbes.com/sites/ericsavitz/2012/10/15/workday-goes-nuts-is-the-company-really-worth-10b/
Look at Workday which provides cloud based HR.revenue of $120m...
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