News & Updates - Thursday, May 5, 2005
SuccessFactors - Profile
HQ: San Mateo, CA
Founded: 2001
Management: CEO Lars Dalgaard was VP of Marketing of InGenuity, a once high-flying, venture-backed ASP.
Investors: Emergence Capital Partners, Canaan Partners, Cardinal Ventures Capital, Greylock Management, and TPG Ventures.
Business Model: The company licenses an ASP platform that offers employee performance tools, including compensation planning, reviews, succession planning and goal and competency planning. The company already claims more than 600,000 users from 150 clients. SuccessFactors claims its in its third consecutive year of 100% revenue growth.
Competitors: Halogen Software, Salesforce.com's SupportForce.
Dirt: Performance evaluations and the like are annoying BS for most people, but every company does them and for HR departments they are critical. So it makes sense that companies like SuccessFactors are having success. SuccessFactors provide a sense of scientific rigor and can certainly help streamline processes, particularly for large companies. This is yet another example that ASP models have huge potential.
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http://rhodyallstars.com/wwwboard/messages/5730.html complimentwhosewondered
Posted by: total at June 1, 2006 11:56 PM
http://rhodyallstars.com/wwwboard/messages/5730.html complimentwhosewondered
Posted by: total at June 1, 2006 11:56 PM
Edmonton dominated the Carolina Hurricanes on Saturday night and the 4-0 margin in Game 6 makes it hard to imagine the Oilers not hoisting hockey's Holy Grail above their heads in less than 48 hours. And it would not come as any shock to see defenseman Chris Pronger, who had another 31-minute night, take the honors for the Conn Smythe Trophy as the playoff MVP.
Posted by: alfialf at June 22, 2006 09:26 PM
Edmonton dominated the Carolina Hurricanes on Saturday night and the 4-0 margin in Game 6 makes it hard to imagine the Oilers not hoisting hockey's Holy Grail above their heads in less than 48 hours. And it would not come as any shock to see defenseman Chris Pronger, who had another 31-minute night, take the honors for the Conn Smythe Trophy as the playoff MVP.
Posted by: annyann at June 23, 2006 02:47 PM
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