The Anatomy of Public Corruption

SuccessFactors, Inc. SCHEDULE 13G

Connecting Success Factors to Bennett

The Dubious Phone Call and Time Wasting Project
The folks at TPG will have to answer to my Whistleblower Complaints on the truly odd collection of RFPs emanating from companies connected to Richard Blum, William McGlashan, CBRE, Regency Centers, Trammel Crow, Lennar, Catellus.

My story is about witness murders, private equity, mergers and acquisitions linked back to the Matter of Bennett v. Southern Pacific lost in 1989.  It was a winnable case as long the witnesses testified.  

The Fake Success Factors Project

SC 13G  tarrant-success13g_0214.htm

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934


                       SuccessFactors, Inc.                          
(Name of Issuer)
       Common Stock, par value $0.001 Per Share    
(Titles of Class of Securities)
                                864596101                                      
(CUSIP Number)
                           December 31, 2007                             
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
o Rule 13d-1(b)
o Rule 13d-1(c)
x Rule 13d-1(d)
* The remainder of this cover page shall be filled out of a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).













CUSIP No. 864596101
13G

1
NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Tarrant Capital Advisors, Inc.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) o
(b) o

3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware


NUMBER OF
5
SOLE VOTING POWER

7,859,178
SHARES
BENEFICIALLY
OWNED BY
6
SHARED VOTING POWER

- 0 -
EACH
REPORTING
PERSON
7
SOLE DISPOSITIVE POWER

7,859,178
WITH:
8
SHARED DISPOSITIVE POWER

- 0 -
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

7,859,178

10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARESo
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

15.1% (1)
12
TYPE OF REPORTING PERSON*

CO
*SEE INSTRUCTIONS BEFORE FILLING OUT
(1) Based on a total of 52,029,213 shares of Common Stock outstanding as of December 31, 2007.



Page 2 of 10








CUSIP No. 864596101
13G

1
NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
David Bonderman
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) o
(b) o

3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION

United States


NUMBER OF
5
SOLE VOTING POWER

- 0 -
SHARES
BENEFICIALLY
OWNED BY
6
SHARED VOTING POWER

7,859,178
EACH
REPORTING
PERSON
7
SOLE DISPOSITIVE POWER

- 0 -
WITH:
8
SHARED DISPOSITIVE POWER
7,859,178
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

7,859,178

10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARESo
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

15.1% (2)
12
TYPE OF REPORTING PERSON*

IN
*SEE INSTRUCTIONS BEFORE FILLING OUT

(2) Based on a total of 52,029,213 shares of Common Stock outstanding as of December 31, 2007.


Page 3 of 10 Pages









CUSIP No. 864596101
13G

1
NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
James G. Coulter
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) o
(b) o

3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION

United States


NUMBER OF
5
SOLE VOTING POWER

- 0 -
SHARES
BENEFICIALLY
OWNED BY
6
SHARED VOTING POWER

7,859,178
EACH
REPORTING
PERSON
7
SOLE DISPOSITIVE POWER

- 0 -
WITH:
8
SHARED DISPOSITIVE POWER

7,859,178
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

7,859,178

10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARESo
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

15.1% (3)
12
TYPE OF REPORTING PERSON*

IN
*SEE INSTRUCTIONS BEFORE FILLING OUT
(3) Based on a total of 52,029,213 shares of Common Stock outstanding as of December 31, 2007.


Page 4 of 10 Pages








Item 1(a).
Name of Issuer:

SuccessFactors, Inc. (the “Issuer”)
Item 1(b).
Address of Issuer’s Principal Executive Offices:

1500 Fashion Island Blvd., Suite 300, San Mateo, CA 94404

Item 2(a).
Name of Person Filing:
This Schedule 13G is being filed jointly on behalf of Tarrant Capital Advisors, Inc., a Delaware corporation (“Tarrant Capital Advisors”), David Bonderman and James G. Coulter (each, a “Reporting Person” and, together, the “Reporting Persons”), pursuant to an Agreement of Joint Filing incorporated by reference herein in accordance with Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended.

Tarrant Capital Advisors is the sole shareholder of Tarrant Advisors, Inc., a Texas corporation, which is the general partner of TPG Ventures Professionals, L.P., a Delaware limited partnership, which is the general partner of TPG Ventures Partners, L.P., a Delaware limited partnership, which is the managing member of TPG Ventures Holdings, LLC, a Delaware limited liability company, which is the sole member of TPG Ventures Advisors, LLC, a Delaware limited liability company, which is the general partner of TPG Ventures GenPar, L.P., a Delaware limited partnership, which in turn is the general partner of TPG Ventures, L.P., a Delaware limited partnership (the “TPG Fund”), which directly owns the shares of Common Stock of the Issuer reported herein. Because of Tarrant Capital Advisors’ relationship to the TPG Fund, Tarrant Capital Advisors may be deemed to beneficially own such shares.

David Bonderman and James G. Coulter are officers, directors and sole shareholders of Tarrant Capital Advisors and therefore may be deemed to beneficially own the shares of Common Stock of the Issuer reported herein and may also be deemed to have shared power to vote or direct the vote and dispose or direct the disposition of such shares.

Items 2(b).
Address of Principal Business Office or, if none, Residence:
The principal business address of each of the Reporting Persons is as follows:

c/o TPG Growth, LLC
301 Commerce Street, Suite 3300
Forth Worth, Texas 76102

Items 2(c).
Citizenship:
Tarrant Capital Advisors: Delaware

David Bonderman: United States



Page 5 of 10 Pages








James G. Coulter: United States

Item 2(d).
Titles of Classes of Securities:

Common Stock, par value $0.001 per share (“Common Stock”).
Item 2(e).
CUSIP Number:

864596101
Item 3.
If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or
(c), Check Whether the Person Filing is a(n):


(a)
o Broker or dealer registered under Section 15 of the Exchange Act.

(b)
o Bank as defined in Section 3(a)(6) of the Exchange Act.

(c)
o Insurance company as defined in Section 3(a)(19) of the Exchange Act.

(d)
o Investment company registered under Section 8 of the Investment
Company Act of 1940 (15 U.S.C 80a-8).

(e)
o Investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E).

(f)
o Employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F).

(g)
o Parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G).

(h)
o Savings association as defined in Section 3(b) of the Federal Deposit Insurance Act.

(i)
o Church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act.


(j)
o Group in accordance with §240.13d-1(b)(1)(ii)(J).
Item 4.
Ownership


(a)
Amount Beneficially Owned:
See responses to Item 9 on each cover page.
(b) Percent of Class:
See responses to Item 11 on each cover page.





Page 6 of 10 Pages








(c)
Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote:
See responses to Item 5 on each cover page.
(ii) Shared power to vote or to direct the vote:
See responses to Item 6 on each cover page.
(iii) Sole power to dispose or to direct the disposition of:
See responses to Item 7 on each cover page.
(iv) Shared power to dispose or to direct the disposition of:
See responses to Item 8 on each cover page.
  
Item 5.
Ownership of Five Percent or Less of a Class.


If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following o.
Item 6.
Ownership of More than Five Percent on Behalf of Another Person.

Not Applicable.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security
Being Reported on By the Parent Holding Company.

See response to Item 2(a) above.
Item 8.
Identification and Classification of Members of the Group.

Not Applicable.



Page 7 of 10 Pages








Item 9.
Notice of Dissolution of Group.

Not Applicable.
Item 10.
Certification.

Not Applicable.



Page 8 of 10 Pages








SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Dated: February 14, 2008
Tarrant Capital Advisors, Inc.

By: /s/ Clive D. Bode               
Name: Clive D. Bode
Title: Vice President
David Bonderman
By: /s/ Clive D. Bode               
Name: Clive D. Bode, on behalf of David Bonderman (4)
James G. Coulter
By: /s/ Clive D. Bode               
Name: Clive D. Bode, on behalf of James G. Coulter (5)



_______________

(4) Clive D. Bode is signing on behalf of Mr. Bonderman pursuant to an authorization and designation letter dated August 31, 2006, which was previously filed with the Securities and Exchange Commission (“Commission”) as an exhibit to a Form 4 (SEC File No.: 001-32875) filed by Mr. Bonderman on March 1, 2007.       

(5) Clive D. Bode is signing on behalf of Mr. Coulter pursuant to an authorization and designation letter dated August 31, 2006, which was previously filed with the Commission as an exhibit to a Form 4 (SEC File No.: 001-32927) filed by Mr. Coulter on March 1, 2007.



Page 9 of 10 Pages








Exhibit Index
Exhibit A
Agreement of Joint Filing as required by Rule 13d-1(k)(1) under the Securities Exchange Act of 1934.*

________
* Incorporated herein by reference to the Agreement of Joint Filing, dated as of November 12, 2007, which was previously filed with the Commission as Exhibit 1 to the Schedule 13D filed on November 13, 2007 (SEC File No. 005-57845) by TPG Advisors II, Inc., TPG Advisors III, Inc., TPG Advisors IV, Inc., TPG Advisors V, Inc., T3 Advisors II, Inc., Tarrant Advisors, Inc., Tarrant Capital Advisors, Inc., David Bonderman and James G. Coulter.



Page 10 of 10 Pages






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