whytestocks
5 years ago
News: $DATA Tableau (DATA) Alert: Johnson Fistel Investigates Proposed Sale of Tableau Software, Inc.; Are Shareholders Getting a Fair Deal?
SAN DIEGO , June 10, 2019 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Tableau Software, Inc. (NYSE: DATA) ("Tableau") breached their fiduciary duties in connection with the proposed sale of the Company to ...
In case you are interested https://marketwirenews.com/news-releases/tableau-data-alert-johnson-fistel-investigates-proposed-sale-of-tableau-software-inc-are-shareholders-getting-a-fair-deal--8330818.html
whytestocks
5 years ago
News: $DATA Salesforce Signs Definitive Agreement to Acquire Tableau
SAN FRANCISCO and SEATTLE , June 10, 2019 /PRNewswire/ -- Salesforce (NYSE:CRM), the global leader in CRM, and Tableau Software (NYSE: DATA), the leading analytics platform, have entered into a definitive agreement under which Salesforce will acquire Tableau in an all-stock transaction,...
Find out more https://marketwirenews.com/news-releases/salesforce-signs-definitive-agreement-to-acquire-tableau-8329492.html
MorningLightMountain
11 years ago
oops!!!!
And no one is happier about the bump than venture capital firm New Enterprise Associates, which stands to generate a 20x return on its investment.
and THAT was at a $30 PPS!!!!
http://finance.fortune.cnn.com/tag/tableau-software/
vs:
“I would say the biggest thing I learned working in venture capital for two years and being exposed to it is — avoid venture capital at all costs. That’s what I learned…. I think it is very important for young missionary, driven entrepreneurs to avoid venture capital as long as they can, and if you can. Now, if your idea is to create some kind of chip and you need a fab plant, OK, that’s not going to work out. But, if you have software or media or something that could be bootstrapped, bootstrap it for as long as you can.”
Chabot added that venture capital can make entrepreneurs lazy, creating a “decision-making regime where there is money all of the time.”
“Think about raising your kids or your own life. Is that healthy to have money around all of the time? That actually warps decision making in an insidious way.”
Chabot said he reads stories of startups raising $20 million or more, and just knows that the outcome won’t be pretty.
http://www.geekwire.com/2013/tableau-ceo-christian-chabot-avoid-venture-capital-costs/
WHAT could go wrong with this $2B market cap picture????
ciciagt
11 years ago
".......Tableau, whose software helps users without programming skills create complex graphics and maps out of data, aims to join a crop of recent business-technology providers to thrive on the public markets. Workday and ServiceNow have more than doubled since their debuts last year while Palo Alto Networks has gained 29 percent.
Tableau’s revenue climbed 62 percent in the first quarter to $40 million. Licenses accounted for about two-thirds of sales in the period, with the rest attributable to maintenance and services. More than half the company’s revenue was spent on sales and marketing, and about a third on research and development,
resulting in a $4.04 million net loss for the quarter. That compares with a profit of $1.06 million a year earlier.
Tableau, whose headquarters are in Fremont, was co-founded in 2003 by Pat Hanrahan, an Academy Award-winning Stanford University professor whose software has created movie special effects and animations.
More than 10,000 companies, including Bank of America, Coca-Cola and Apple, have used Tableau’s products. Competitors include IBM, Microsoft Oracle and Qlik Technologies.
Tableau’s biggest shareholder is venture-capital firm NEA, which had a 37 percent stake before the offering and planned to sell 1 million shares, according to the prospectus.
Hanrahan owned 18 percent, while co-founders Christopher Stolte and Christian Chabot, who is also CEO, each owned about 15 percent. Meritech Capital Partners controlled about 6.5 percent, the original offering terms show.
Goldman Sachs Group and Morgan Stanley led the deal......"
http://seattletimes.com/html/businesstechnology/2021001333_tableauipoxml.html