A 500m€ investment in Odoo at a 5B€ valuation has been led by CapitalG & Sequoia Cap - along with top investors like Mubadala & BlackRock.
It's a secondary transaction - no money for the company, as we don't need it: we grow organically.
I didn't sell - kept the majority.
Odoo Founder: making companies a better place, one app at a time.
- #Odoo AI : assign tasks automatically based on a prompt.
00:00 - New #odoo milestone: $100M per year in billing. Cash flow is not our bottleneck anymore, it's the recruitment of R&D developers.
- The massive customer demand of #odoo continues: 73% growth of the billing in 2021. That's what happens, when you spend a decade focusing on building the best product.
- The #Odoo 13 new framework is a revolution. Compare speed & SQL queries of these 2 screenshots. The account code is the same, only the ORM changed -> expect similar enhancements in most business objects. Branch should be merged soon. #superfast #odoo13










