We expect CEOs and CFOs to retire at a record pace over the next 12 months due to burnout associated with COVID-19. Last year senior executives scrambled to set-up Work-from-Home environments. This year it will be another headache, namely defining back-to-the-office policies and executing them. At many companies it is the CFO who is the … Continue reading We Expect CEOs and CFOs To Retire at A Record Pace
Rewriting Salesforce's (tkr: CRM) technology stack to be "Slack first" would seem to be a risky bet. Run a Google search on "Slack fatigue". Users are tired of constantly being pinged by inbound Slack notifications. Between email, texts, Slack messages and other distractions, no wonder employees find it difficult to do the type of work … Continue reading Salesforce’s Risky Bet
CRM acquired Tableau in August 2019 for $16 billion. Tableau generated approximately $1.5 billion of trailing subscription and support revenue in the fiscal year-ended January 31, 2021. Investors think nothing of applying a 20-30x revenue multiple on any Technology company that is growing. Thus, why wouldn't Salesforce CEO Marc Benioff consider taking advantage of this … Continue reading Salesforce (CRM) Should Spin-Off Tableau
Director & Officer ("D&O") insurance premiums spiked and coverage narrowed last year as a result of COVID-19. As vaccinations are distributed COVID-related underwriting risk will begin to soften which will be reflected in lower premiums and broader coverage. All of this is to say do not expect every mid-to-large-sized company to be fully back to … Continue reading Back To The Office Will Look Different Compared To 2019
We compared Product Development/ Research & Development investment as a Percentage of Revenue for 20 Technology companies across a variety of subsectors. Our comparison focused on the December quarter. Click HERE to download the table as a PDF. Tickers mentioned: AAPL ADBE ADSK AMZN CRM CSGP FB GOOG IBM ICE MSFT NFLX ORCL PYPL SHOP … Continue reading We Compared Product Development Investment for 20 Tech Companies
Salesforce (tkr: CRM) president and Chief Operating Officer Bret Taylor may soon succeed company founder Marc Benioff as Chief Executive Officer. That's the rumor as reported by a number of news outlets this week. If true, Taylor's operating experience - particularly on the product side (Taylor was Salesforce's Chief Product Officer prior to becoming COO … Continue reading Is Salesforce COO Bret Taylor The Company’s Next CEO?
Cerner, Epic, Microsoft, Oracle, Salesforce and more will spearhead the Vaccination Passport. Tickers mentioned: AAPL, AMZN, CERN, CHNG/UNH, CRM, FB, GOOG, MSFT, ORCL, RAMP One could argue that we already have National ID cards. Our digital footprint serves as a unique identifier and is easy to aggregate using cross-device tracking technology served up by Google, … Continue reading A Vaccination Passport Is Coming. Digital Currency and A National ID Card Are Next.
Given inflated Technology company valuations and a weakening U.S. Dollar, we expect for stock swap M&A transactions to continue - especially as it relates to cross-border M&A. The DXY Index continues to drop as the USD falls relative to the currency basket (click chart below). The U.S. economy remains soft. Companies continue to cut headcount. … Continue reading Stock Swap Transactions Are Likely To Continue
Whether or not Co-CEO arrangements work in general is a mixed bag. Co-CEO arrangements can be effective when responsibilities are clearly defined. Less than optimal outcomes occur when responsibilities are not well-defined. Below are a number of current and recent Co-CEO arrangements primarily across the Technology industry. Reed Hastings and Ted Sarandos of Netflix (ticker: … Continue reading Co-CEO Arrangements Are A Mixed Bag
Regardless of who wins November's general election we expect higher corporate income tax rates in 2021 or more likely 2022. Today's 21% U.S. corporate tax rate will likely climb back to 35% or higher should Trump win re-election or to 40-45% should Biden win the Presidency. We expect companies to control expenses as a result … Continue reading Higher Corporate Income Tax Rates and Advanced Automation Are Coming