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Got the bright idea to look up companies that inte

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Post# of 33023
(Total Views: 626)
Posted On: 06/15/2021 8:18:02 PM
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Posted By: redspeed
Got the bright idea to look up companies that integrated in the last year or two into Microsoft.

First couple I found were private which wasn't a help, then saw Asana

Asana announces a new integration with Microsoft Teams - June 18, 2020
https://www.onmsft.com/news/asana-announces-a...nd-outlook


Asana wasn't public yet but went public 3 1/2 months later

Asana Goes Public: Here Are The Big Winners - September 30, 2020
https://news.crunchbase.com/news/asana-goes-p...g-winners/

Asana's valuation was $3.99 billion.

Market cap today is $7.66B in less than a year of going public and 1 year ago they integrated into Microsoft Teams

Clearly their stock didn't double only because they integrated into Microsoft, but it sure didn't hurt

Box announces integration within Microsoft Teams and updated add-in for Outlook mobile - March 16, 2020
https://mspoweruser.com/box-announces-integra...oft-teams/

Box's market cap is $4.10B today

Clearly their stock didn't go up only because they integrated into Microsoft, but it sure didn't hurt

I looked up a number of other ones

I see a pattern. Companies going no where typically don't integrate or have the resources to do so. The ones that do...

Either they are billion dollar companies, public companies that got bought by bigger fish or private

Since VERB isn't private, I am OK with the billion dollar thing or them getting bought out at some point, but not this month.



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