Put simply, the recent success of Zendesk and MobileIron indicate that the investing public appear willing to accept short- to medium-term GAAP losses on the promise of quickly advancing revenues in the medium term.
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Put simply, the recent success of Zendesk and MobileIron indicate that the investing public appear willing to accept short- to medium-term GAAP losses on the promise of quickly advancing revenues in the medium term.
These companies have everyone — Silicon Valley and Wall Street alike — excited for their initial public offerings.
Gotta love enterprise software.