Here is the interesting part. To succeed they say they need to establish a global footprint, which means adding products, adding headcount - they want to get to 200 by the end of 2007 - and they will ultimately "need to take the company public to raise the capital necessary to establish that global footprint." OK, they're feeling super confident, but I still don't buy the IPO exit. $50-100 Million is still no-man's land for a public enterprise software company. Acquisition by a bigger fish is still more likely.
By: Bruce Silver December 29, 2016 uncategorized
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