NetSuite's Billion-Dollar Dream

[qi:101] Larry Ellison is about to get richer. He owns a big chunk of NetSuite, a San Mateo, Calif.-based software-on-demand company looking to go public and raise as much as $114 million by selling over 7 million shares for $13-to-$16 a share, giving the company a market capitalization of between $750 and $950 million. NetSuite, which competes with (CRM), is still a money loser: $20.6 million in losses on sales of $76.8 million for first nine months of 2007. (more @ The Deal)

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