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Meet the insanely successful cofounder of Qualtrics who doesn't like to work 'as a matter of principle' — and just sold his company for $8 billion

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Jared Smith is the COO and cofounder of Qualtrics, working with his younger brother, CEO Ryan Smith. Over the weekend, the Smiths sold the company to SAP for $8 billion.

 

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SAP to Buy Market-Analytics Startup Qualtrics for $8 BillionThe German software giant is counting on the deal to bolster it in the customer-relationship management software business, where Salesforce.com has the lead. What a great buy !!! So wait !! What happens now ?!? No stocks ? Given SAP acquisition of subpar technologies like Crystal, I’m assuming Qualtrics is offering something rendered useless 5 years ago. SAP made mistake. They will take loss, when all said and done. It's even worst than RHT being baught by IBM.
Source: WSJ - 🏆 98. / 63 Read more »