Comments on: NetSuite’s Going Public, Looking for $1 Billion Valuation http://www.techcrunch.com/2006/12/19/netsuites-going-public-looking-for-1-billion-valuation/ Startup and Technology News Fri, 27 Nov 2009 17:35:00 -0800 hourly 1 By: Wes Schaeffer http://www.techcrunch.com/2006/12/19/netsuites-going-public-looking-for-1-billion-valuation/comment-page-2/#comment-2862981 Wes Schaeffer Fri, 17 Jul 2009 13:24:41 +0000 http://www.techcrunch.com/2006/12/19/netsuites-going-public-looking-for-1-billion-valuation/#comment-2862981 For the small business with under 100 employees I recommend Infusionsoft for its ease of use, affordability and focus on marketing automation. Most companies don't know how to market and they end up staring at pie charts and graphs showing how well their sales people can B.S. on their pipelines. What's really funny is that some rookie ISR and NetSuite just sent me an email along with 1,097 other prospects all in the "CC" row telling them how good NetSuite is but how dumb he is when it comes to marketing. For the small business with under 100 employees I recommend Infusionsoft for its ease of use, affordability and focus on marketing automation. Most companies don’t know how to market and they end up staring at pie charts and graphs showing how well their sales people can B.S. on their pipelines. What’s really funny is that some rookie ISR and NetSuite just sent me an email along with 1,097 other prospects all in the “CC” row telling them how good NetSuite is but how dumb he is when it comes to marketing.

]]> By: NetSuite Announces Chrome Compatibility http://www.techcrunch.com/2006/12/19/netsuites-going-public-looking-for-1-billion-valuation/comment-page-2/#comment-2459550 NetSuite Announces Chrome Compatibility Fri, 05 Sep 2008 15:29:16 +0000 http://www.techcrunch.com/2006/12/19/netsuites-going-public-looking-for-1-billion-valuation/#comment-2459550 [...] companies run almost every aspect of their business, announced Friday that it will be the first business application provider to provide native support for Google [...] [...] companies run almost every aspect of their business, announced Friday that it will be the first business application provider to provide native support for Google [...]

]]> By: Question of the Day: Wanna go Dutch? « FoundRead http://www.techcrunch.com/2006/12/19/netsuites-going-public-looking-for-1-billion-valuation/comment-page-2/#comment-1876197 Question of the Day: Wanna go Dutch? « FoundRead Wed, 26 Dec 2007 17:04:49 +0000 http://www.techcrunch.com/2006/12/19/netsuites-going-public-looking-for-1-billion-valuation/#comment-1876197 [...] Hambrecht & Co., to handle it’s auction, and then negotiated a low 7% fee, according to TechCrunch. NetSuite sold 6.2 million shares, raising $161 million and (per the deal prospectus) paid its [...] [...] Hambrecht & Co., to handle it’s auction, and then negotiated a low 7% fee, according to TechCrunch. NetSuite sold 6.2 million shares, raising $161 million and (per the deal prospectus) paid its [...]

]]> By: Betting on the NetSuite IPO| Zoli’s Blog http://www.techcrunch.com/2006/12/19/netsuites-going-public-looking-for-1-billion-valuation/comment-page-2/#comment-1533120 Betting on the NetSuite IPO| Zoli’s Blog Thu, 02 Aug 2007 19:50:28 +0000 http://www.techcrunch.com/2006/12/19/netsuites-going-public-looking-for-1-billion-valuation/#comment-1533120 [...] Gets Ready For Its Close-Up by BusinessWeek. Update (12/19): TechCrunch is running a story titled NetSuite’s Going Public, Looking for $1 Billion Valuation. I don’t know if it’s based on new information or …. [...] [...] Gets Ready For Its Close-Up by BusinessWeek. Update (12/19): TechCrunch is running a story titled NetSuite’s Going Public, Looking for $1 Billion Valuation. I don’t know if it’s based on new information or …. [...]

]]> By: Postini IPO Coming http://www.techcrunch.com/2006/12/19/netsuites-going-public-looking-for-1-billion-valuation/comment-page-2/#comment-1417079 Postini IPO Coming Fri, 08 Jun 2007 09:15:20 +0000 http://www.techcrunch.com/2006/12/19/netsuites-going-public-looking-for-1-billion-valuation/#comment-1417079 [...] company going, and who are now planning to hit the public markets. Postini will likely not have the $1 billion valuation that Netsuite is looking for, but it is a healthy and profitable company [...] [...] company going, and who are now planning to hit the public markets. Postini will likely not have the $1 billion valuation that Netsuite is looking for, but it is a healthy and profitable company [...]

]]> By: SaaS Blogs http://www.techcrunch.com/2006/12/19/netsuites-going-public-looking-for-1-billion-valuation/comment-page-2/#comment-1353529 SaaS Blogs Fri, 27 Apr 2007 17:50:41 +0000 http://www.techcrunch.com/2006/12/19/netsuites-going-public-looking-for-1-billion-valuation/#comment-1353529 <strong>The SaaS Investment Landscape...</strong> Although many in the SaaS-choir have long since been sold on SaaS, it seems that venture capitalists are finally joining us.  Existing firms are padding their portfolios with SaaS companies.  More interesting, though, is the fact that firms are for... The SaaS Investment Landscape…

Although many in the SaaS-choir have long since been sold on SaaS, it seems that venture capitalists are finally joining us.  Existing firms are padding their portfolios with SaaS companies.  More interesting, though, is the fact that firms are for…

]]> By: 37Signals Launches HighRise Contact Manager http://www.techcrunch.com/2006/12/19/netsuites-going-public-looking-for-1-billion-valuation/comment-page-2/#comment-1253188 37Signals Launches HighRise Contact Manager Tue, 20 Mar 2007 23:55:41 +0000 http://www.techcrunch.com/2006/12/19/netsuites-going-public-looking-for-1-billion-valuation/#comment-1253188 [...] The customer resource management (CRM) space is packed with a lot of big players, Salesforce and NetSuite being two of the [...] [...] The customer resource management (CRM) space is packed with a lot of big players, Salesforce and NetSuite being two of the [...]

]]> By: Kman http://www.techcrunch.com/2006/12/19/netsuites-going-public-looking-for-1-billion-valuation/comment-page-2/#comment-1127594 Kman Sun, 04 Mar 2007 12:21:00 +0000 http://www.techcrunch.com/2006/12/19/netsuites-going-public-looking-for-1-billion-valuation/#comment-1127594 I have implemented Salesforce and Netsuite at our company 70+users 300+ employees. Salesforce is well documented and is not "buggy" Netsuite is shockingly documented and very "buggy". Netsuite is very hard to implement and oversells, overpromises what it will do, Salesforce is easy and does what they say it will. Yes Netsuite has GL and webshop, without those 2 things I don't think they would have any customers... I have implemented Salesforce and Netsuite at our company 70+users 300+ employees. Salesforce is well documented and is not “buggy” Netsuite is shockingly documented and very “buggy”. Netsuite is very hard to implement and oversells, overpromises what it will do, Salesforce is easy and does what they say it will. Yes Netsuite has GL and webshop, without those 2 things I don’t think they would have any customers…

]]> By: CBrown http://www.techcrunch.com/2006/12/19/netsuites-going-public-looking-for-1-billion-valuation/comment-page-2/#comment-888841 CBrown Tue, 06 Feb 2007 18:05:33 +0000 http://www.techcrunch.com/2006/12/19/netsuites-going-public-looking-for-1-billion-valuation/#comment-888841 I'm an (unhappy) Netsuite customer. They lured my company in with "teaser" rates, encouraged us to customize the solution and then raised the monthly fees 250+% in four years. To add insult to injury, they still advertise the "teaser" rates but when I asked why I was charged so much more they claimed that the advertised rate was for a "core" package that has no functionality. Needless to say, we're looking at dropping Netsuite before our next renewal date. I don't hold out much hope for a company that treats it's customers with this much contempt. I’m an (unhappy) Netsuite customer. They lured my company in with “teaser” rates, encouraged us to customize the solution and then raised the monthly fees 250+% in four years. To add insult to injury, they still advertise the “teaser” rates but when I asked why I was charged so much more they claimed that the advertised rate was for a “core” package that has no functionality. Needless to say, we’re looking at dropping Netsuite before our next renewal date.

I don’t hold out much hope for a company that treats it’s customers with this much contempt.

]]> By: Nesta http://www.techcrunch.com/2006/12/19/netsuites-going-public-looking-for-1-billion-valuation/comment-page-2/#comment-759607 Nesta Sat, 20 Jan 2007 23:06:41 +0000 http://www.techcrunch.com/2006/12/19/netsuites-going-public-looking-for-1-billion-valuation/#comment-759607 Have they anounced when they will go public? Does any one know? Thanx. Have they anounced when they will go public? Does any one know? Thanx.

]]> By: Glen Colson http://www.techcrunch.com/2006/12/19/netsuites-going-public-looking-for-1-billion-valuation/comment-page-2/#comment-753621 Glen Colson Sat, 20 Jan 2007 07:06:55 +0000 http://www.techcrunch.com/2006/12/19/netsuites-going-public-looking-for-1-billion-valuation/#comment-753621 I heard the IPO is delayed because the rumor revenue of 70M is significantly less, and the company have over 500 employees...with little profit on the table, much less growth. However, it is an interesting company. But who is Zach Nelson? I have never heard of him. I heard the IPO is delayed because the rumor revenue of 70M is significantly less, and the company have over 500 employees…with little profit on the table, much less growth.

However, it is an interesting company. But who is Zach Nelson? I have never heard of him.

]]> By: Jonathan Cuyno http://www.techcrunch.com/2006/12/19/netsuites-going-public-looking-for-1-billion-valuation/comment-page-1/#comment-753618 Jonathan Cuyno Sat, 20 Jan 2007 07:06:30 +0000 http://www.techcrunch.com/2006/12/19/netsuites-going-public-looking-for-1-billion-valuation/#comment-753618 What happens to Netsuite & Friends when the next software company comes out with the most "forward" thinking fully integrated Internet based business application? What will happen to the billion dollars of investment money? "Good is only good as what you know to be good, if you don't know any better you won't know how "good" really can be." There are over 20 million small businesses in America today with 80-90 percent family owned. How many can afford the high cost of technology that Netsuite & Friends charge? It's only a matter of time. Stay tuned... What happens to Netsuite & Friends when the next software company comes out with the most “forward” thinking fully integrated Internet based business application? What will happen to the billion dollars of investment money?

“Good is only good as what you know to be good, if you don’t know any better you won’t know how “good” really can be.” There are over 20 million small businesses in America today with 80-90 percent family owned. How many can afford the high cost of technology that Netsuite & Friends charge?

It’s only a matter of time. Stay tuned…

]]> By: iMicro.mobi » Bubble, Bubble, Bubble http://www.techcrunch.com/2006/12/19/netsuites-going-public-looking-for-1-billion-valuation/comment-page-1/#comment-704808 iMicro.mobi » Bubble, Bubble, Bubble Sat, 13 Jan 2007 22:22:55 +0000 http://www.techcrunch.com/2006/12/19/netsuites-going-public-looking-for-1-billion-valuation/#comment-704808 [...] Today, the IPO door is nearly shut for Internet companies. GoDaddy withdrew it’s registration statement in August 2005 before going public. NetSuite is next up - we’ll see if they can make it happen in the next couple of fiscal quarters. [...] [...] Today, the IPO door is nearly shut for Internet companies. GoDaddy withdrew it’s registration statement in August 2005 before going public. NetSuite is next up – we’ll see if they can make it happen in the next couple of fiscal quarters. [...]

]]> By: Bubble, Bubble, Bubble http://www.techcrunch.com/2006/12/19/netsuites-going-public-looking-for-1-billion-valuation/comment-page-1/#comment-683624 Bubble, Bubble, Bubble Tue, 09 Jan 2007 13:01:33 +0000 http://www.techcrunch.com/2006/12/19/netsuites-going-public-looking-for-1-billion-valuation/#comment-683624 [...] Today, the IPO door is nearly shut for Internet companies. GoDaddy withdrew it’s registration statement in August 2005 before going public. NetSuite is next up - we’ll see if they can make it happen in the next couple of fiscal quarters. [...] [...] Today, the IPO door is nearly shut for Internet companies. GoDaddy withdrew it’s registration statement in August 2005 before going public. NetSuite is next up – we’ll see if they can make it happen in the next couple of fiscal quarters. [...]

]]> By: web live :: Bubble, Bubble, Bubble :: January :: 2007 http://www.techcrunch.com/2006/12/19/netsuites-going-public-looking-for-1-billion-valuation/comment-page-1/#comment-676092 web live :: Bubble, Bubble, Bubble :: January :: 2007 Mon, 08 Jan 2007 02:59:16 +0000 http://www.techcrunch.com/2006/12/19/netsuites-going-public-looking-for-1-billion-valuation/#comment-676092 [...] Today, the IPO door is nearly shut for Internet companies. GoDaddy withdrew it’s registration statement in August 2005 before going public. NetSuite is next up – we’ll see if they can make it happen in the next couple of fiscal quarters. [...] [...] Today, the IPO door is nearly shut for Internet companies. GoDaddy withdrew it’s registration statement in August 2005 before going public. NetSuite is next up – we’ll see if they can make it happen in the next couple of fiscal quarters. [...]

]]> By: Techcrunch » Blog Archive » Bubble, Bubble, Bubble http://www.techcrunch.com/2006/12/19/netsuites-going-public-looking-for-1-billion-valuation/comment-page-1/#comment-672018 Techcrunch » Blog Archive » Bubble, Bubble, Bubble Sun, 07 Jan 2007 10:40:32 +0000 http://www.techcrunch.com/2006/12/19/netsuites-going-public-looking-for-1-billion-valuation/#comment-672018 [...] Today, the IPO door is nearly shut for Internet companies. GoDaddy withdrew it’s registration statement in August 2005 before going public. NetSuite is next up - we’ll see if they can make it happen in the next couple of fiscal quarters. [...] [...] Today, the IPO door is nearly shut for Internet companies. GoDaddy withdrew it’s registration statement in August 2005 before going public. NetSuite is next up – we’ll see if they can make it happen in the next couple of fiscal quarters. [...]

]]> By: Charles http://www.techcrunch.com/2006/12/19/netsuites-going-public-looking-for-1-billion-valuation/comment-page-1/#comment-660456 Charles Thu, 04 Jan 2007 23:03:23 +0000 http://www.techcrunch.com/2006/12/19/netsuites-going-public-looking-for-1-billion-valuation/#comment-660456 Why buy 10% when you can get the lot for less.. netsuite has focused on the "integrated suite" but a company cannot pay their employees, manage HR activities or participate in EDI supply chains? After 7 years of developing solutions for this market, we have found the typical SME customer requires more functionality than Netsuite and must be an out-of-the-box experience, and for far less than Netsuite currently charge.. For a complete Small Business solution for 1 -> 300 employee companies, which can also compete on ease of use, with the likes of Quicken etc.. In fact a full featured accounting solution is available for FREE.. How will Netsuite compete with FREE.. On-demand is a different beast to traditional software.. Have a look at www.weboffice.com.au Just my two cents worth... Why buy 10% when you can get the lot for less..

netsuite has focused on the “integrated suite” but a company cannot pay their employees, manage HR activities or participate in EDI supply chains?

After 7 years of developing solutions for this market, we have found the typical SME customer requires more functionality than Netsuite and must be an out-of-the-box experience, and for far less than Netsuite currently charge..

For a complete Small Business solution for 1 -> 300 employee companies, which can also compete on ease of use, with the likes of Quicken etc.. In fact a full featured accounting solution is available for FREE.. How will Netsuite compete with FREE..

On-demand is a different beast to traditional software..

Have a look at http://www.weboffice.com.au

Just my two cents worth…

]]> By: Kevin Closson http://www.techcrunch.com/2006/12/19/netsuites-going-public-looking-for-1-billion-valuation/comment-page-1/#comment-653919 Kevin Closson Wed, 03 Jan 2007 21:05:58 +0000 http://www.techcrunch.com/2006/12/19/netsuites-going-public-looking-for-1-billion-valuation/#comment-653919 Profitable startups? Isilon went IPO underwater: http://kevinclosson.wordpress.com/2006/12/19/wishing-your-competitors-well-isilon-isln-ipo-no-techno-religion-on-this-blog/ Profitable startups? Isilon went IPO underwater:

http://kevinclo...n-on-this-blog/

]]> By: NetSuite and Salesforce user http://www.techcrunch.com/2006/12/19/netsuites-going-public-looking-for-1-billion-valuation/comment-page-1/#comment-596351 NetSuite and Salesforce user Tue, 26 Dec 2006 00:21:16 +0000 http://www.techcrunch.com/2006/12/19/netsuites-going-public-looking-for-1-billion-valuation/#comment-596351 Owning a company that has used both Salesforce and NetSuite (replaced Salesforce with NetSuite), I can tell everybody that NetSuite is a much better product. People say SF.com is much easier to use, but NetSuite can be customized to have the same UI and ease of use as SF.com. The big added value of NetSuite is the fact that you can go above and beyond a rolodex online if you see fit. I think the company will be a hit once it gets capital to beef up it's services and support group. Owning a company that has used both Salesforce and NetSuite (replaced Salesforce with NetSuite), I can tell everybody that NetSuite is a much better product. People say SF.com is much easier to use, but NetSuite can be customized to have the same UI and ease of use as SF.com. The big added value of NetSuite is the fact that you can go above and beyond a rolodex online if you see fit. I think the company will be a hit once it gets capital to beef up it’s services and support group.

]]> By: rinkusu » Blog Archive » 2006-12-25 http://www.techcrunch.com/2006/12/19/netsuites-going-public-looking-for-1-billion-valuation/comment-page-1/#comment-592347 rinkusu » Blog Archive » 2006-12-25 Mon, 25 Dec 2006 06:20:24 +0000 http://www.techcrunch.com/2006/12/19/netsuites-going-public-looking-for-1-billion-valuation/#comment-592347 [...] 2007年にはIPOブームが再来 - NetSuiteが10億ドル規模で株式公開をはじめ様々な企業がIPOを予定中 [...] [...] 2007年にはIPOブームが再来 – NetSuiteが10億ドル規模で株式公開をはじめ様々な企業がIPOを予定中 [...]

]]> By: David Mackey http://www.techcrunch.com/2006/12/19/netsuites-going-public-looking-for-1-billion-valuation/comment-page-1/#comment-585158 David Mackey Sat, 23 Dec 2006 23:12:11 +0000 http://www.techcrunch.com/2006/12/19/netsuites-going-public-looking-for-1-billion-valuation/#comment-585158 Anything that offers a full solution I am interested in. Needing to remember multiple websites is somewhat of a nuisance, especially when it is a partial suite of tools. For example, many sites are offering one part of an Office Suite rather than the entire suite - meaning you would need five or so different websites to create a single office suite Anything that offers a full solution I am interested in. Needing to remember multiple websites is somewhat of a nuisance, especially when it is a partial suite of tools. For example, many sites are offering one part of an Office Suite rather than the entire suite – meaning you would need five or so different websites to create a single office suite

]]> By: Kostyantyn Zuzik http://www.techcrunch.com/2006/12/19/netsuites-going-public-looking-for-1-billion-valuation/comment-page-1/#comment-577878 Kostyantyn Zuzik Fri, 22 Dec 2006 18:32:48 +0000 http://www.techcrunch.com/2006/12/19/netsuites-going-public-looking-for-1-billion-valuation/#comment-577878 Hope everyone will forgive me for a kind of advertisement here (it's up to the topic). We also operate a similar to NetSuite company - MagSuite.com. You can see our features at the web-site (being honest at the moment NetSuite offers much more functions than we do). However, currently we are working on big update which will make our offering more attactive - we'll offer open source code (.net 2.0, asp.net, c#, ms sql server) for unlimited customization & creating industry-specific solutions. License agreement will allow only hosting of modified project on our web-site. We are also much cheaper then NetSuite - just 30 usd/month/user. We are looking for investors, so feel free to contact us on this. P.S. According to my research there are only 3 companies which offer on demand ERP+CRM for the U.S. market - NetSuite.com, MagSuite.com & profitcenter.com. Good Luck ! CEO Kostyantyn Zuzik info@magsuite.com Hope everyone will forgive me for a kind of advertisement here (it’s up to the topic).

We also operate a similar to NetSuite company – MagSuite.com. You can see our features at the web-site (being honest at the moment NetSuite offers much more functions than we do). However, currently we are working on big update which will make our offering more attactive – we’ll offer open source code (.net 2.0, asp.net, c#, ms sql server) for unlimited customization & creating industry-specific solutions. License agreement will allow only hosting of modified project on our web-site. We are also much cheaper then NetSuite – just 30 usd/month/user. We are looking for investors, so feel free to contact us on this.

P.S. According to my research there are only 3 companies which offer on demand ERP+CRM for the U.S. market – NetSuite.com, MagSuite.com & profitcenter.com.

Good Luck !

CEO
Kostyantyn Zuzik
info@magsuite.com

]]> By: Convictus http://www.techcrunch.com/2006/12/19/netsuites-going-public-looking-for-1-billion-valuation/comment-page-1/#comment-577617 Convictus Fri, 22 Dec 2006 17:24:36 +0000 http://www.techcrunch.com/2006/12/19/netsuites-going-public-looking-for-1-billion-valuation/#comment-577617 Do you guys need a copy editor? Grammar and spelling in most posts should have been checked. Do you guys need a copy editor? Grammar and spelling in most posts should have been checked.

]]> By: Sleepyhead http://www.techcrunch.com/2006/12/19/netsuites-going-public-looking-for-1-billion-valuation/comment-page-1/#comment-570900 Sleepyhead Thu, 21 Dec 2006 12:47:24 +0000 http://www.techcrunch.com/2006/12/19/netsuites-going-public-looking-for-1-billion-valuation/#comment-570900 Winedye, Just a quick update..the full US launch might come very soon. See http://sleepyhead81.blogspot.com/2006/12/possible-takeover.html Espen Antonsen System Developer 24SevenOffice Winedye,

Just a quick update..the full US launch might come very soon. See http://sleepyhe...e-takeover.html

Espen Antonsen
System Developer
24SevenOffice

]]> By: Sleepyhead http://www.techcrunch.com/2006/12/19/netsuites-going-public-looking-for-1-billion-valuation/comment-page-1/#comment-570097 Sleepyhead Thu, 21 Dec 2006 08:19:58 +0000 http://www.techcrunch.com/2006/12/19/netsuites-going-public-looking-for-1-billion-valuation/#comment-570097 Winedye, Most probably we are launching in the US soon, we are in the process of looking for a suitable partner. Cheers, Espen Antonsen 24SevenOffice Winedye,

Most probably we are launching in the US soon, we are in the process of looking for a suitable partner.

Cheers,
Espen Antonsen
24SevenOffice

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