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Zoho is attracting the attention of African startup founders

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Re: Zoho is attracting the attention of African startup founders

#21
post #10
post #3

Earlier quoted context omitted.

I'm completely OK with American brands making Americans their primary target again.

56% of Apple's revenue is from outside the US. 38% of Boeing's revenue is from outside the US. 58% of Caterpillar's revenue is from outside the US. (Those are the first three companies I checked.) If American companies took the attitude "America #1, we don't need foreign customers," I don't think you would like the impact the resulting revenue loss would have on the American economy.

100% agree, than you.

May I ask, where do you find those numbers? Did you actually go to their earnings reports one by one, or is there an easier way?

Re: Zoho is attracting the attention of African startup founders

#22

Zoho is a major player in the industry being direct competitor to small business. They are also bootstrapped.

> bootstraped

i think they got a big injection when yahoo bought them, tried to dogfood in lieu of exchange, failed and sold for pennies back to the founders

Re: Zoho is attracting the attention of African startup founders

#23

> Zoho started allowing African companies to pay for its software in local currencies. This decision has been a major reason for Zoho’s success in Africa as it allowed customers and potential clients to avoid regulatory hurdles around dollar spending One wonders what they're going to do with the local currency, if they presumably also have to deal with the same restrictions.

Economy of scale allows them to handle that regulatory burden much more efficiently than a single purchaser could.

Re: Zoho is attracting the attention of African startup founders

#24

What may really blow their mind is that there are open source tools that cost even less. Zoho is a good choice though, their CRM was not the best but got the job done. Has a good API. Haven’t tried their other tools like docs or mail.

What are some of the open source/low cost email options that don’t have to deal with the headache of email deliverability, black list management etc.

Re: Zoho is attracting the attention of African startup founders

#25

> Zoho started allowing African companies to pay for its software in local currencies. This decision has been a major reason for Zoho’s success in Africa as it allowed customers and potential clients to avoid regulatory hurdles around dollar spending > Zoho has also been aggressive with its pricing in Africa. Zoho One, a bundle of more than 45 products This is a major reason why Western products aren't landing as wel…

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Re: Zoho is attracting the attention of African startup founders

#27

Zoho is a major player in the industry being direct competitor to small business. They are also bootstrapped.

> bootstraped i think they got a big injection when yahoo bought them, tried to dogfood in lieu of exchange, failed and sold for pennies back to the founders

Of course I didn't know that, but if true, that's wonderful. I am saddened by the ongoing destruction of value when a decent product or company is acquired, and then shuttered because it's not quite the juggernaut the acquirer expected it to be, or because there's some unforseen misalignment, even though this company was a viable business. Selling it back is a great solution, instead of doing a write-off where the company is destroyed.

Re: Zoho is attracting the attention of African startup founders

#28

> Zoho started allowing African companies to pay for its software in local currencies. This decision has been a major reason for Zoho’s success in Africa as it allowed customers and potential clients to avoid regulatory hurdles around dollar spending > Zoho has also been aggressive with its pricing in Africa. Zoho One, a bundle of more than 45 products This is a major reason why Western products aren't landing as wel…

What mistake did Japan make btw?

[flagged]

Re: Zoho is attracting the attention of African startup founders

#29

> Zoho started allowing African companies to pay for its software in local currencies. This decision has been a major reason for Zoho’s success in Africa as it allowed customers and potential clients to avoid regulatory hurdles around dollar spending > Zoho has also been aggressive with its pricing in Africa. Zoho One, a bundle of more than 45 products This is a major reason why Western products aren't landing as wel…

Frankly it is simply the US dollar being overvalued. It is making US exports way too expensive for most of the world. Google can't really compete and make any money.

Re: Zoho is attracting the attention of African startup founders

#30

> Zoho started allowing African companies to pay for its software in local currencies. This decision has been a major reason for Zoho’s success in Africa as it allowed customers and potential clients to avoid regulatory hurdles around dollar spending > Zoho has also been aggressive with its pricing in Africa. Zoho One, a bundle of more than 45 products This is a major reason why Western products aren't landing as wel…

> Sticking to principles like Data Security, Privacy,

Isn't that something Europe has but the US chose not to (at least regarding computer/ad/tech industry) ?

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