Companies that sell software as a service enjoy some of the raciest valuations among the technology sector’s growth stocks. Forget profits measured on a conventional basis: even Salesforce.com, the sector leader that is now more than 15 years old and worth nearly $40bn, is still in the red.
在科技行業的成長股中,那些「軟體即服務」(software as a service,簡稱SaaS)產品的銷售公司享受的估值屬於最高之列。忘記利潤這一傳統意義上的衡量指標吧:就連成立15年以上、估值近400億美元的行業領導者Salesforce.com,至今也尚未盈利。
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