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September 16, 2013 10:15 am GMT
For the second week in a row, LinkedIn's market capitalization finished higher than Salesforce.com. Linkedin ended trading on Friday with a $32.56 billion market cap while the Salesforce market cap was $29.59 billion. Salesforce is a darling of Wall Street and has long been the symbol of the SaaS and new world of the enterprise, the first to surpass $1 billion in annual revenues. But with LinkedIn's rise, the financial markets have another company to point to as a leader of the SaaS world.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/tNVk1mcnMEY/
LinkedIn's Market Cap Passes Salesforce, Long The Bellwether Symbol Of Cloud Services
For the second week in a row, LinkedIn's market capitalization finished higher than Salesforce.com. Linkedin ended trading on Friday with a $32.56 billion market cap while the Salesforce market cap was $29.59 billion. Salesforce is a darling of Wall Street and has long been the symbol of the SaaS and new world of the enterprise, the first to surpass $1 billion in annual revenues. But with LinkedIn's rise, the financial markets have another company to point to as a leader of the SaaS world.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/tNVk1mcnMEY/
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