Richie,
Not sure if you know much about the technology space but I am a MD of a enterprise based company.
Technology is more focused on growth rather than short term revenue. The Silicon Valley model is to capture a market quickly via customer aquisition and therefore lock out competition.
Peter Theil knows a thing or teo about this he was the founder and CEO of PayPal after all.
So in essence revenues today are irrelevant if you have a product that is growing like crazy and has passed the vital tipping point.
Need I remind you Yammer was recently purchased by Microsoft for $1.3 billion to bolt directly into MS Office on $20 million in 2011 revenue.
Why the high price? Yammer had 1000's of enterprise customers and they built a great product that was used throughout many S&P500 companies.
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Last
$173.83 |
Change
-2.580(1.46%) |
Mkt cap ! $28.61B |
Open | High | Low | Value | Volume |
$176.60 | $177.55 | $173.16 | $101.2M | 581.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 140 | $173.60 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$173.93 | 15921 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 140 | 173.600 |
1 | 25 | 173.300 |
1 | 95 | 173.200 |
1 | 60 | 173.130 |
2 | 125 | 173.010 |
Price($) | Vol. | No. |
---|---|---|
175.000 | 75 | 1 |
176.830 | 266 | 1 |
177.000 | 116 | 1 |
177.560 | 118 | 1 |
177.570 | 50 | 1 |
Last trade - 16.12pm 11/07/2025 (20 minute delay) ? |
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