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Crossed a line with my boss
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Asians - what are your thoughts on asian female white male ?
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450k unique applications for H-1B this time. Did Telugus play spoilsport again?
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American police seem to work only when Israel is challenged
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I am starting to think Chinese interviewers currently fail non-Chinese candidates on purpose.
- when Snowflake's revenue is 500m vs IBM's 73b? - when IBM is in a thousand different product areas whereas Snowflake is a single product - when IBM itself sells a direct carbon-copy of Snowflake's product 😆
Lucid’s market cap was around 70bn and that is before they had any revenue.
SNOW is due for a 70%+ correction along with TSLA
You are entitled to dream.
Lol. Nice joke.
Welcome to the bizzare fever dreams of retail traders.
Snowflake uses "born in the cloud" and other buzz words a million times in their branding unlike IBM. Wall St suits like buzz words.
A serious answer: legacy costs. If the existing business lines are already in the later part of business cycle, the wind down costs could actually exceed the rest of the expected profit. Obviously speaking in extreme generality, but basically the idea is that there is very little productive profit left in the company. Where as for growth businesses, the bull hypothesis is that they are still very early in their business cycle
What is Snowflake's moat when every tom dick and harry can emulate their product? If AWS doesn't already have an equivalent, you can bet that they're working on it.
Product is only part of equation. In my space our competitor has more funding and market share by 10x+ even though the product is at parity
Why is Tesla worth more than the 5 biggest automakers combined?
Why is Supply more important then Demand? Tesla has shown it can generate almost arbitrary levels of demand for its products. The supply can come. IMO tesla is over valued for sure just playing devils advocate
I think the actual demand for Tesla products is lower than the combined output of the 5 manufacturers. What they don't have going for them is the retail frenzy, which I wouldn't classify as "demand". Material demand, i.e. orders for their cars/whatever products is definitely not as high as any of the manufacturers, much less 5 of them combined. But you know the old saying, the market can stay irrational longer than a person can stay solvent.
Ibm revenue is declining, while snowflake is growing at 100%.
It's all up in the air. My understanding of valuation is cloudy.
Bubble