Just what I was thinking…
November 28, 2008
Larry Dignan’s got a post over at Seeking Alpha that talks about something that I’ve been discussing with a few friends lately; Salesforce.com (Force.com!) seeming resistance to the great blunder that’s killed our markets.
I’m partial to the whole distributed income thing, if we imagine a company 100 customers paying $5 a day and five can no longer afford your service, you’re down $25 opposite that imagine a company with 10 customers paying $50 a day and 5 stop being able to afford the service. Seems like a depression-proof system? Hmm, didn’t the Wm. Wrigley Jr. Company make it through the depression only to find chewing gum standard issue in World War 1 ration packs?
Hm, issuing a Salesforce account with your business license? Big dreams. Have a read through Larry’s post.
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Agree, have a read through Larry’s post and read the comments. Publishing businesses are not immune to recessions, they just react differently – slower to drop and slower to rise. If they do show immunity it’s not because they are recession proof but because the market really wants want they have at this point in time – which may not hold up the second time they see a recession.