This week's newsletter. It has a new format which I am very excited about.
In email marketing news - Constant Contact filed for an IPO and Postini was acquired by Google.
I think email marketing will be the launching pad for small biz to really leverage the web. Companies like Constant Contact - if they can add incremental value beyond communication automation - will be the companies to watch.
Its like 1998 all over again! Email is gonna be huge! But seriously folks, I once sat in Constant Contact's offices and wondered what they hell they do with all of the bodies they have. They have crappy revenue compared to head count, slim margins, and though they boast giant customer numbers, I am curious to know how many of those pay at what level...
Long story short, this is an IPO and a stock that I would avoid.
Posted by: Andrew | July 10, 2007 at 04:37 PM