Starboard Value

A brief history of activist investors in tech and the role they play • ZebethMedia

By zebethcontrolPosted on October 21, 2022Posted in activist investors, EC Cloud and Enterprise Infrastructure, Enterprise, investing, Salesforce, Starboard ValueNo Comments

On Tuesday, activist investor Starboard Value revealed a significant stake in Salesforce, sending the company’s stock climbing more than 7%. A hedge fund founded in 2002 by Jeffrey Smith and Mark Mitchell, Starboard has a history of affecting change at major companies, spurring the spinning off of media startup Patch from AOL in 2014 and […]

Starboard Value reportedly taking ‘significant’ stake in Salesforce • ZebethMedia

By zebethcontrolPosted on October 18, 2022Posted in activist investors, CRM, Enterprise, Salesforce, Starboard ValueNo Comments

Activist investor Starboard Value announced this morning that it was taking a “significant stake” in Salesforce, per CNBC. A presentation on Starboard’s website confirmed the firm’s interest in Salesforce, as well as Wix and Splunk. The presentation looks at the company’s financial situation and concludes that it could be giving investors a better return. On […]