Replies to post #32593 on Verb Technology Company Inc (VERB)

[redspeed]

[Edited] Much higher than I just posted!

Thanks for asking. I have something more recent in the FAQ posted.

Q: How does NetSuite fit into all of this with Oracle? Does anybody use NetSuite?
A: Oracle bought NetSuite a little less than two years ago for $9.3B and added 10,000 companies since (33% increase). How do you keep that market share growing? By adding new capabilities as fast as you can.

Oracle Buys NetSuite
$9.3 billion
Redwood Shores, Calif.—Jul 28, 2016

Global Organizations using NetSuite

2014 - 20,000
2016 - 30,000
2018 - 40,000

https://www.oracle.com/corporate/pressrelease/oracle-buys-netsuite-072816.html

Oracle now has 40,000 companies using NetSuite as posted on their website.


If you look at NetSuite's revenue before they were bought it was over $500M. Figure $100 a user which is what has been posted all over the internet that is 5M users back in 2015 and it has grow substantially since that time.

I think Rory said Oracle has millions or NetSuite users. The numbers back that up.

[cantwaittoretire]

"Marketo was founded in 2006, has over 2,300 customers, 300 + employees and over 100,000 users worldwide. Marketo has enjoyed explosive revenue growth, posting a 3,545% revenue increase over a three year period ending in 2011 ($32.9 million) and was named the 78th fastest growing business by Inc. magazine in 2012." - https://www.thesaleslion.com/marketo-vs-eloqua-pardot-review-compare/

"Last year, Marketo was acquired by Vista Equity Partners for $1.8 billion. Today, the software is active on over 19,000 websites and the company has over 100,000 users around the world." - https://www.impactbnd.com/blog/how-much-does-marketo-cost