@loops,

> Honestly, 3 euro for slightly under 30%? It feels to me that an EV of around 
> 10 euro is on the low end for what you have built. 


That's the first thought I had too. But I think one should keep in mind:

1) Tiny is not only the OpenERP product, it's also a company with some 
employees, and I fear the situation here was not as good as the exceptional 
product they made. I'm not sure whether all those 80 employees that were hired 
during the poor times are a real asset or a burden... Would SAP hire or even 
Openbravo hire those profiles? not sure... Would even the partners hire those? 
Again, not even sure...

2) By buying only 30% and sticking to GPL (I mean may be they could like to 
continue on an other license, but the GPL itself guarantees there will be forks 
upon the last GPL basis), they actually have little control over the future. 
They pretty much put money in bank, helping the thing to pick up, but in term 
of strategy they don't weight a lot. So certainly some would have paid lot more 
for instance than twice to get 60% of the shares.

3) consider Compiere relative failure and Openbravo expected failure to return 
investment, I expect this to have mined investors optimism.


Now, because OpenERP already work for some carefully selected 
cases/implementers, it's not a bubble and if Tiny is a bit careful, I think 
they would probably not need to rush any time soon for a second round as 
Openbravo had too because they were still largely a bubble only after their 
first round.


@anajuaristi


> I think tiny should think about how to deal with not english spoken partners 
> or collaborators and for sure


... well sorry for my sarcasms, but I rather find they did that very well on 
the contrary...
Now I would actually like they become credible toward English speakers 
instead...


Overall, I agree with your view but let me make two remarks:

1) I think that's nice if Tiny can indeed help sorting out bad and good 
integration quality because we start to see all sort of things. Currently, 
behind the same "silver partner label" you can have integration done by pHD's 
with over 15 years of ERP experience/top contributor and other done by 
trainees, obviously, considering the non linearity of the skills vs results in 
software engineering, it drives very different results...
So, yes, for clarifying things because it's really irrational right now. 

Now we wouldn't really like Tiny to start highjacking everybody around with 
some naive certification exam. I've seen all sort of such things when I worked 
at Smile: every crappy editor makes it's own non sense certification exam. It 
becomes a true business: you have to pay to get it otherwise you are nothing. 
So lot's of people pay for it, but it can be very meaningless. Would guys like 
us with dozens of production proof modules and real implementations have to pay 
a trans-continental round trip to prove we are worth the new trained trainee 
around the corner?

Moreover, every body here pay attention to the profiles of the guys that do 
contribute to OpenERP? Are those guys working in large consulting firms?
-> answer: not at all! Best contributors are typically 5 people integrators 
(like the Spanish guys you mention which I totally respect) lead by skilled 
guys that know perfectly how they should spend their time/investment rather 
than having to get that from blind stakeholders and their good managers.

If the certification becomes a mafia as it's done with some open source 
products, then all you do is to give a competitive advantage to the same 
eternal big bastards that will look too good in offering their servile 
employees some certification that could perfectly be totally meaningless 
depending how it's done.

Seriously, I've seen so many abuse here. Like employees believing their boss 
stupidly they would gain some gold certification of their career if they kill 
themselves on their boss's projects. And at the end of the story, the those 
products died because it was too much crap: so you would go seek for an other 
job with your meaningless certification of a dead product that only proves me 
you have been stupid enough to buy that shit.



Finally, the situation with Tryton is pretty hot and Tiny should really move 
their ass to stay in the lead over the next years. I'm serious, give Tryton a 
decent web-client in 6 months, port the few dozen good OpenERP modules (easy 
and being done day after day) on it and you have a much better working platform 
with less bugs and a more predictable integration cost!

I'm sad Tiny let Tryton close the gap so much over 2009 by focusing on their 
integration stuff and fund raising slideware rather than the required 
refactoring of the few bad design decisions they sometimes have made overnight 
in some Indian dark place while pressed by some uncontrolled integration 
project ...

So Ana, yes we would like that market to happen too. But IMHO, it's very 
important to not mix priorities, because there is no point at all in focusing 
on building such a partner market if by 2 years, Tryton passes OpenERP and 
every capable partner migrates to it sucking up a large part of the sensible 
OpenERP community. You would end up with something like the dream of Openbravo 
wither their 360 business crap tours and partnering programs. All a burst 
bubble! We don't want that, we want Tiny to build upon a strong basis, we would 
like to see them do all they should to ensure they will stay on the lead over 
the very next years.

All right, I think Tiny is moving faster now, I just hope they won't trap 
themselves with their small existing customer basis preventing them to evolve 
as fast as the smaller Tryton that don't have to carry all the migration weight 
of hundreds of modules and customers. This is usually the way every proprietary 
project dies trying to please/exploit their existing basis rather than 
preparing the future. I hope Tiny will be smart enough to dare educate those 
users about the need for cleanup and the real benefit of staying the leader (or 
the risk of not staying the leader for them).

My 6.66666666666667e-09 3M euros

------------------------
Raphaël Valyi

CEO and OpenERP consultant at
http://www.akretion.com




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