The headline quote has been attributed to baseball great Yogi Berra. Although Yogi has said that “I never said half the things I really said”, this one sounds like pure 100% Yogi.
The plain truth is that Berra is probably better known for his colorful quotes than he is for his baseball prowess. This is truly remarkable given his membership in the [...]
Continue reading...
As I covered in yesterday’s post, the valuations for SaaS companies have routinely exceeded that of the traditional software vendors. I suggested that there are reasons for this, and they may be different from what you expect.
Phil Wainewright , a SaaS industry pioneer, recently wrote an intriguing post on this topic in ZDNet, “Want Cash? Buy [...]
Continue reading...
No, I’m not talking about the environment. I’m also not referring to the Celtics (See Matt Steinfort’s recent posts on the Boston Celtics Part I and Part II). Rather I’m drawing attention to the healthy revenue multiples of SaaS companies.
A presentation (see page 17) recently at the SIIA On-Demand conference in Amsterdam by the Corum Group [...]
Continue reading...
Abraham Maslow, an American Psychologist, developed a landmark theory on human motivation. Dubbed Maslow’s hierarchy of needs, the theory describes the paradigm that controls human motivations.
In summary, people are motivated according to a hierarchy, which stretches from the most basic (psysiological needs/eating, breathing, etc.) to the most complex (self-actualization/morality, creativity, etc.). Prior to focusing attention [...]
Continue reading...
As a continuation of my prior posts (Part 1 and Part 2), I’ll begin with a personal experience. I live within 5 miles of several Starbucks outlets. On a pleasant Saturday morning, I decided to stop by one of them. To my surprise, I was the only customer in the store – at 9:00AM. This should [...]
Continue reading...
Previously I described the recent transformation process underway at Starbucks.
You may have been asking “is this really necessary?” As evidenced by references in pop culture, the ubiquitous Starbucks outlet is stuff of legend, and comedy. Why would a company with so many locations need to remake itself?
Answer – a really depressed stock valuation. SBUX was trading at nearly $38 [...]
Continue reading...
Telecom Ramblings, a blog written by Rob Powell and a must read, has an excellent post about the evolving online video space. This subject matter is certainly near and dear to us at MVaaS.
Perhaps one of our astute readers could appropriately add to the discussion…
Continue reading...
Howard Schultz, the charismatic Chairman of Starbucks (NasdaqGS: SBUX), returned to the role of CEO in January 2008 (Starbucks Press Release January 7, 2008).
In subsequent communications, Mr. Schultz speaks of his “transformation agenda”. What were their perceived problems? The following five items are addressed in the press release, copied here verbatim:
· Improving the current state of the U.S. business [...]
Continue reading...
Check out this link to a news story about some thugs who use ‘thong’ underwear as their disguise in a robbery. Their actions were filmed on video and have been shared with law enforcement.
Thong bandits
If this was filmed using MVaaS, which provides you the ability to save clips, what do you name the saved file? Thong? [...]
Continue reading...
By now you’ve had ample time to find the market capitalization for both General Motors and Salesforce.com. Where you surprised?
As of this morning, GM’s market capitalization is approximately $9.8 billion (GM analytics). Salesforce.com, by comparison, is $8.6 billion (Salesforce.com analytics). Note that since market cap. is based on the current share price, the values may fluctuate [...]
Continue reading...