On February 15th, Zach Matarazzo discussed the addition of Salesforce (CRM) to the SMIF Portfolio. Salesforce began as a Cloud-Based CRM Software Company in 1999, but has since expanded its product offering to a comprehensive list of enterprise software solutions. The company competes in the SaaS (Software as a Service) subsection of the Cloud Computing Industry. Salesforce has seen 25-30% YoY revenue growth in the past 3-4 years, and it expects to hit a $20B revenue mark by the year 2022. Though Salesforce currently does not generate net income, the firm has positive cash flows, and has been investing heavily in R&D and Marketing in the past 1-2 years. Zach is confident that this investments will begin to payoff, resulting in positive net income from 2017 forward. He motioned to purchase 180 shares of CRM; the motion passed unanimously.