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Comment by pavs

15 years ago

How did they come up with 212 million valuation? Genuinely interested to know.

You and lots of other people.

I doubt it was based on Heroku profits so there must be some other major factor, especially given that this is a cash deal.

It will be very interesting to see how they are going to make all that money back, it's not exactly pocket change.

Partially the time, resources, and cash that Salesforce would need to spend to create a similar product.

Also: revenue, future growth, and intangibles (brand, goodwill, etc.)