tags:

• thesis/legal-turnaround
• analyst/rogue funds
• sector/software ...

The good news? Rimini Street is firing on all cylinders. Their US growth is back on track, and I expect global expansion to follow soon. Their SaaS sales are thriving, indicating a strong marketing strategy and a growing, well-trained sales force. The $1 billion sales goal remains firmly in sight, and eventually, Rimini's underlying business will likely outpace the lawsuits, minimizing their impact on the bottom line. This could even lead to the lawsuits drying up altogether, as Oracle's litigation tactics become less effective against a thriving Rimini Street.

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