While once a viable contender in the space, they continue to fall behind the market leaders. They lack any real innovation and continue to lose market share. With the stock price plummeting to new 52 week lows on a daily basis plus zero strategic investor initiative by the company's leadership, what is the future of this org? AI is the shiny new object and ecommerce has suddenly become a thing of the past. At one time it would have been valuable for a PE firm to take private but now the tech nor the client logos are that valuable anymore. So what happens to this company? It's better to burn out than fade away and I'm afraid of the latter. A slow death. #e-commerce #retail
There earnings were ok. Most concerning is their cash burn. They have less than 10 months of runway. They will continue to push for profitability but this will severely impact growth. Unless they sell and it goes private, dilution is coming.
No focus. They did everything half ass. Mediocre product, mediocre marketing, mediocre partnership and eco system
As long as people are shopping online, e-commerce space will keep growing. Bigcommerce is far from done, their stock price is indeed low, one would wonder is it on sale and worth buying low? Also their earnings report was quite good