Hacker News Reader

Investor here. This seems like an unusual arrangement for Salesforce, any idea why they didn't try to acquire Veeva a few years ago? Any idea what will happen in 2015 when the deal comes up for renewal? Thanks

View on HN

If the deal doesn't renew in 2015, then there is a five year wind down period where Veeva can sell a limited number new licenses but still use the platform. Presumably if this happens, they'll have to rebuild it. It's addressed in the S1.

I saw the wind-down language but it lacks specifics. I figure there's a slim chance of non-renewal anyway but sometimes these things get awkward.

Interesting thing about Veeva is that unlike every other saas company on earth, they actually have a healthy operating margin despite being in hyper-growth mode. This will close on the first day of trading with a $4.5 billion enterprise value.

Reply on news.ycombinator.com