NetSuite IPO: Some Thoughts

Well, here’s a good analysis on Netsuite by Jason Wood: Netsuite Ponders IPO.

I wrote an earlier piece on Netsuite, and contrary to Jason’s point that Nestuite’s lack of Enterprise customer revenues is a negative, I think it is a positive.

You know by now, that I really believe in the SME opportunity. It’s a humongous untapped market opportunity, and I hope NetSuite gets it right, gets to focus on it, and make it happen in a big way.

Salesforce.com opened the floodgates for Saas and On-Demand business models.

I am hoping NetSuite opens up SME as a perfectly desirable market opportunity. It’s amazing what one big success does …

Right now, I am a bit sick of everyone chasing the already extremely crowded teen market. And to think that the teens have no direct spending power, whereas SME has HUGE direct spending power …!

Hello?