Platforms, Platforms, Platforms
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 29 February 2024
⏱️ 29 minutes
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| 0:00.0 | So many platforms, so little time. |
| 0:07.6 | Mottleful money starts now. Welcome to Motley Full Money, I'm DeJrow Willard here with Motley Full Endless David Meyer. |
| 0:25.2 | David how are you today? |
| 0:26.5 | I'm doing very well. How are you? |
| 0:28.8 | Good. Seems like this is a a tech Thursday, a sass Thursday. |
| 0:35.0 | Want to dive in on companies that are really kind of making the news today, |
| 0:38.6 | which are Salesforce Snowflake and Octa. |
| 0:42.1 | Let's start with Salesforce. |
| 0:44.0 | dividend. We're starting to see dividends pop up, you know, Meta did it, now Salesforce is doing |
| 0:49.8 | it. 40 cents a share. That's all right. it's a start, but to me I'm looking at this as a signal. |
| 0:56.3 | How should we be thinking about this? |
| 0:58.2 | I mean last quarter we definitely had, you know, Salesforce being more cautious, more, you know, they're not going off and |
| 1:06.1 | buying things anymore. Is this really, is this company growing up? |
| 1:10.1 | Definitely. The dividend, if you go back 10 years, there's no way a dividend was anywhere near anyone's radar. |
| 1:17.3 | And that's, you know, that's a function of Mark Binney off, quite frankly, being Mark Benny off, right? |
| 1:22.8 | He's a visionary, he's a technologist, he wanted to put it all, you know, put together all these |
| 1:29.7 | pieces and create a great company which he did. |
| 1:33.0 | But I think that where the credit needs to really go |
| 1:38.0 | is CFO Amy Weaver. |
| 1:40.0 | In 2021, she became the CFO and she had the unenviable task of trying to |
| 1:47.0 | reine Mark Benny off in to bring more fiscal discipline to the company, right? |
| 1:51.7 | To say, hey, if we're going to do an acquisition, |
... |
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