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The economicenvironment changing downward. Add the economicenvironment to the mix of reasons for failure, including jolts such as the Great Recession of 2007-8 or COVID’s devastation to travel, retail and other personal experience-based businesses. Including cash.
SuccessFactors 39 1300 30 2007 6. Both companies demonstrated very volatile sales efficiencies, which are probably more influenced by the macro economicenvironment than the performance of the sales teams. SAP purchased SuccessFactors for $3.4B in December 2011, and Oracle bought Taleo for $1.9B in February 2012.
Image Credits: Pitchbook Boston had a steady investment growth trajectory until it dropped off (like everyone else) in 2022 as investment overall slowed in an uncertain economicenvironment. I would argue even in the 2007 timeframe when we started our firm, we specifically focused on things we think Boston excels at.I
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