16.64 0.00 (0.00%)
After hours: 5:04PM EDT
|Bid||16.38 x 1800|
|Ask||17.49 x 900|
|Day's Range||16.32 - 16.80|
|52 Week Range||10.05 - 20.00|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 1, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||19.57|
SAN MATEO, Calif., July 11, 2019 -- SurveyMonkey (Nasdaq: SVMK), a leading global survey software company, announced today that it will report second quarter 2019 financial.
SAN MATEO, Calif., July 02, 2019 -- SurveyMonkey (Nasdaq: SVMK), a leading global survey software company, announced today that it leads in customer satisfaction for the.
CNBC, First in Business Worldwide, and Acorns, the country's fastest growing financial wellness system, today announced the results of the Invest in You Spending Survey. The national survey, conducted in partnership with SurveyMonkey (SVMK), a leading global survey software company, examined the spending behavior of more than 2,800 Americans ages 18 and up. The survey asked Americans to dive into their spending habits, exploring topics like changes in spending year over year, monthly expenses, summer travel and political donations.
Small-cap and large-cap companies receive a lot of attention from investors, but mid-cap stocks like SVMK Inc...
Corporate business-travel platform TripActions just announced $250 million in Series D funding from venture firms Andreessen Horowitz, Zeev Ventures, Lightspeed Venture Partners, and Group 11, burnishing its unicorn status and lifting its valuation to $4 billion. What’s most important, it’s in a market segment out of the reach of the tentacles of Google Trips.
(Bloomberg Opinion) -- As Slack Technologies Inc. flips a switch later Thursday and becomes a public company, it’s another sign of how far the world has progressed beyond the old times of corporate technology. What’s different now is that it actually matters what you want.Until the last decade or so, the technology that workers used in office jobs was largely chosen by bosses far above them. The computer at the desk, the email system, the software that workers used to keep track of expenses or crunch a business unit’s finances were all imposed on them. And it was frequently terrible, because ease of use wasn’t necessarily an important quality to sell software. Cubicle jockeys have a lot more say in what tech they use at work these days. Relatively young software from the likes of Slack, Box Inc., Zoom Video Communications Inc., Google’s G Suite and SurveyMonkey parent SVMK Inc. have free or inexpensive versions for people to try by themselves. The idea is that a few workers will test it out unofficially and like it enough to persuade their employers to pay for the tech because it helps them do their jobs more effectively. And many companies are listening. This “bottom-up” business strategy has become a standard approach for cloud software aimed at businesses. Similar tactics were key for Amazon Web Services and other services used by technical specialists inside companies, and that has spread to more departments.Slack is perhaps the apotheosis of the bottom-up boom. Video conferencing or spreadsheet software can be useful even if one person at a company uses it. But team communication software like Slack is truly only handy if a critical mass of people are using it. That’s why Slack needs to win over workers and then persuade their bosses to pay for versions that are tuned to a corporation’s security and data-compliance needs. (Bloomberg Beta, the venture capital arm of Bloomberg LP, is an investor in Slack.)Some things in corporate IT don’t change, though. Young cloud software companies like Slack still court systems-integration firms that customize technology for corporations and other large organizations. The bottom-up crew also builds sales teams to pitch software at big companies, and those salespeople still get expensive cars when they sign up big customers.And like the Oracle and Microsoft of old, young companies still want to stitch their software into many other corporate technologies, which makes their product harder to ditch. They want, in short, to become a “platform” — a word that appeared 39 times in Slack’s prospectus for potential investors and more than 300 times in Zoom Video’s IPO document in April. Another thing that hasn’t changed from software’s olden days, at least for Slack, is a dependence on a relatively small number of big customers. Slack says it has more than 10 million daily users and 600,000 organizations that pay for use by three or more people. But about 40% of Slack’s revenue in the latest fiscal year came from just 575 organizations writing at least $100,000 in annualized checks to Slack. The company might be bottom-up in strategy, but it still needs the whale customers to pay its bills. Slack isn’t alone in this regard. Domo Inc., which makes corporate data analysis software, generates nearly half of its revenue from 450 top-paying customers. At Zoom, a few hundred customers generate 30% of revenue. Of course, some kinds of technologies — think databases or inventory-management systems — aren’t likely to appeal to employees and instead are pitched straight to tech-buying executives. That probably won’t stop startups from trying the new approach, though.Courting the rank-and-file is now standard procedure for many types of software. But one old fashioned tactic has lasting appeal: Persuade big companies to write big checks. A version of this column originally appeared in Bloomberg’s Fully Charged technology newsletter. You can sign up here. To contact the author of this story: Shira Ovide at firstname.lastname@example.orgTo contact the editor responsible for this story: Daniel Niemi at email@example.comThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Shira Ovide is a Bloomberg Opinion columnist covering technology. She previously was a reporter for the Wall Street Journal.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.
SurveyMonkey (SVMK), a leading global survey software company, announced today that Debbie Clifford will join its leadership team on July 8 as chief financial officer. In her new role, Clifford will oversee all aspects of finance including financial strategy, planning and analysis, accounting, tax, treasury, and investor relations, in addition to strategic planning and corporate development. With the addition of Clifford, the majority of SurveyMonkey's executive team members will be women.
Temasek Holdings is a Singapore-based global investment company with a long-term-focused investment horizon. It was founded back 1974, and since then it has achieved compounded annualized return of 15% in Singapore dollar terms. Even though it is based in Singapore, it offers 11 offices around the world. Temasek Holdings look for the investment opportunities in […]
SAN MATEO, Calif., May 24, 2019 -- SurveyMonkey (Nasdaq: SVMK), a leading global survey software company, today announced senior management will present to the investment.
SurveyMonkey, a leading global survey software company, announced today it has launched a European data centre that will be available this month to new enterprise customers. The public cloud infrastructure enables SurveyMonkey to host data locally for customers located or doing business in the region, an important priority for European organisations. SurveyMonkey’s infrastructure investment demonstrates its commitment to delivering a world-class product experience for enterprise customers across the European region where the company maintains a large user footprint.
Today, LeanIn.Org and SurveyMonkey released new research showing that 60 percent of managers who are men say they are uncomfortable participating in a common workplace activity with a woman, such as mentoring, working one-on-one, and socializing together. In light of these findings, LeanIn.Org is calling on men to do more to support women’s careers. This year’s study finds that men appear to be pulling back from actively supporting women at work.
SAN MATEO, Calif., May 08, 2019 -- SurveyMonkey Inc. (“SurveyMonkey”), a leading global survey software company, announced today that its parent company, SVMK Inc. (Nasdaq:.
1 in 4 small businesses buy Facebook ads, a number that has not moved over the past year. Threat of government regulation is not seen as a significant risk to advertising effectiveness, according to a majority of responses to the Q2 CNBC|SurveyMonkey Small Business Survey. Facebook is changing its model and has an evolving small business strategy still in its early days.
President Donald Trump has been engaged in open warfare with the Federal Reserve over interest rates, last week calling for a 1% cut. The smallest businesses on Main Street are preoccupied with interest rates and say borrowing costs are too high for them to expand, according to the latest CNBC|SurveyMonkey Small Business Survey. Facing both the tightest labor market and the highest interest rates in years, small business owners often face a tough trade-off: whether to emphasize hiring and retaining employees or focus on other aspects of running their businesses.
CNBC, First in Business Worldwide, and SurveyMonkey (SVMK), a leading global survey software company, today announced the results of their quarterly CNBC/SurveyMonkey Small Business Survey. Each quarter, CNBC and SurveyMonkey poll over 2,000 small business owners aiming to measure the vitality of the American economy as well as the view from Main Street on jobs, taxes and other hot topics. In addition to measuring small business confidence nationwide, the large sample size gives CNBC the power to uncover trends by geographic region and among specific small business cohorts.
The majority of Main Street businesses expect revenue growth in the next year, but the waning benefits of the 2017 tax cuts and the competition for workers is weighing on some business owners' outlook. Small business confidence ticked up and remains at a high level, according to the latest CNBC|SurveyMonkey Small Business Survey for the second quarter. The CNBC|Survey Monkey Small Business Confidence Index reading of 59 (up from 58 in the first quarter 2019) indicates that small business owners are optimistic about the direction of their business over the next 12 months.
The owner of popular workplace instant messaging app Slack made public strong year-on-year growth numbers on Friday, and an annual loss of $140.7 million, as it filed formally for its long-awaited market debut. The San Francisco-based company, Slack Technologies, seeking to go public via a direct listing similar to that of music streaming app Spotify last year, published numbers showing it had more than 10 million daily active users as of the end of January. Paying customers or organizations numbered 88,000, up almost 50 percent from a year earlier and more than double the 37,000 it had in 2017, the company's regulatory filing http://bit.ly/2vp05DG showed.
Salesforce invested $100 million in the Zoom IPO, following a strategy it took last year with Dropbox and SurveyMonkey. Salesforce says it's a strategic investment and the companies are working closely on product development. Salesforce CRM invested $100 million in Zoom ZM 's IPO, and it's paying off quickly, almost doubling in value in just three trading days.
When he became CEO of SVMK, parent of SurveyMonkey, in 2016, the company was struggling to find its footing after the death of its former CEO Dave Goldberg and brief six-month tenure of CEO Bill Veghte. The company and its employees were hungry and eager to get back in the game, Lurie recalled. In conducting a strategic review of the company's operations and why its users deployed SurveyMonkey, Lurie was hit with an epiphany.
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On the other hand, we'd be remiss not to mention that insider sales have been known to precede tough periods for a busine...
SAN MATEO, Calif., April 17, 2019 -- SurveyMonkey Inc. (“SurveyMonkey”), a leading global survey software company, announced today that its parent company, SVMK Inc. (Nasdaq:.