Companies going IPO this week
For the first time, I have done kind of S-1 analysis for most of the company going ipo. I know #ipo #ipo Snowflake is the obvious choice for most since it is most visible right now but looking at the revenue sheets, I would be opening small positions in: Goodrx: Hidden gem . Has been profitable since 2-3 years. The only con is if democrats come in and change major health policies JFROG: Had previous quarter profitable albeit a small one SUMO: Another flying the radar company. High growth but in a competitive landscape. Profitable companies have always been rewarded like zoom , atlassian when they went to ipo. What do you guys think? #ipo
I have been impressed by snowflake’s growth and how it has given competition to giants like AWS. However, it seems to be priced very expensively. It might be too flashy but that might just help it do well (in terms of stock price). GoodRx seems good and very relevant in these times.
Sumo kinda looks risky.. it's loses are growing at a much larger rate than revenue. Add to that huge competiton.
Jfrog ain't doing new... No moat
idk, once a company automates their path to production around it, it is tough and expensive to replace
I don't think devops is hard to replace. Looks like jfrog is a npm and cicd at heart. Why would someone opting top 3 clouds wanna use third party devops tools when u can get them for almost free. Unless they wanna make it multicloud.
ipod or ipoed? delete this post if you want to make money. Put bets on these and wait for a few years.
What a selfish fuck
Just like TikTok?