Is Tableu and Salesforce an expensive deal for Salesforce?


This post is by Jason Lemkin from SaaStr


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No really. There aren’t that many things of true scale, that are strategic, that Salesforce could buy at this stage.
  • Tableau was at >$900m in recurring revenue … growing 41% (!)
  • And subscriptions were growing 115%.
Tableau Reports First Quarter 2019 Financial Results That’s not Twilio growth, but it’s awfully strong. And it means, if you take that growth rate and roll things forward a few years, Salesforce is buying a will-grow-into $3b-$6b business analytics business, that is already the #1 largest player in its segment. And Salesforce doesn’t seem to screw up its bigger acquisitions. Mulesoft, ExactTarget, Commerce Cloud/Demandbase, etc. are all doing well. So it ain’t cheap. And yes, it’s a competitive space. Tableau does not have 80% market share. But it’s a good deal. At least in today’s high multiple market. View original question on quora The post Is Tableu and Salesforce an expensive deal for ? appeared first on SaaStr.

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