by Robert Solomon | Jun 7, 2016 | Automobile, Industry Cloud, Industry Concentration, Supply Chain Automation, Vertical Cloud
Those of you over the age of 40 remember the crazy B2B consortia days of the late 1990s. (For those you under 40, just imagine the sub-prime mortgage lunacy transferred to software!) During that time, the Big Three American auto companies formed two auto consortia:...
by Robert Solomon | Jun 2, 2015 | Automobile, B2B Software, Industry Cloud, Valuation
Besides the stock price that is. Since announcing its earnings after market close on May 20, Covisint’s stock is up almost 40%. (Meaning the stock has increased from about $2.00 to about $2.80;-)) In that earnings...
by Robert Solomon | Feb 5, 2015 | Automobile, B2B Software, Surplus Goods
Insight Venture Partners is taking E2Open (EOPN) private in a $273 million transaction (ht to Jason Trevisan). E2open, as loyal readers know, started as a consortium of electronics manufacturers. EOPN built a supply chain network for that industry (and others) as...
by Robert Solomon | Jan 27, 2015 | Consolidating Competition, Financial services, Industry Concentration
Remember the first battle between the net marketplaces and industry consortia? First came the net marketplaces such as Ventro, Chemdex, eSteel, Instill, PlasticsNet, and many others. Dreams of disruption and bubble-era riches danced in their heads. Most net...
by Robert Solomon | Nov 11, 2014 | Automobile, B2B Software, Industry Cloud, Valuation |
In September of 2013, I wrote about the IPO filing of one of the original B2B consortia, Covisint (here). At the time, Covisint was showing good growth, but there were two related concerns: Revenue was 37% services, not higher margin subscription software As an EDI...
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