Comment by nikcub

8 months ago

There are also reports of this happening with their CRM customers[0]. One look at their YTD stock chart (-27%) may suggest why.

Very Oracle behaviour from the company started as the anti-Oracle.

[0] https://www.reddit.com/r/salesforce/comments/1n93cl0/crm_pri...

6 comments

nikcub

rKarpinski 8 months ago

> the company started as the anti-Oracle.

The company was founded by an Oracle executive...

worthless-trash 8 months ago
I mean, when you hire a lawn mower should you be surprised they want to mow lawns.
- JdeBP 8 months ago
  
  For the young people who might be reading this thread: https://news.ycombinator.com/item?id=5170246
  
  1 reply →

pbhjpbhj 8 months ago

My first thought was had this moved the stock price - but the day price is up. The 5Y price is back to where it was ... over all they're still 6000% up.

charlieyu1 8 months ago

S&P 500 up 3x in 5Y so back to same level isn’t great
I guess stock price is a reflection of crap management which in return leads to these behaviours. Maybe I should check the stock price first before deciding on a product.