Tech Industry
Yesterday
2623
Do people underestimate E6 role at meta?
2024 Presidential Election
Yesterday
269
Canceling debt isn’t inflationary or costing tax payers
Tech Industry
Yesterday
629
Which tech CEO will do a good job as the President of USA
Tech Industry
2d
10190
What happens when most of your team is Indian?
World Conflicts
12h
967
Why do Indians support Israel so much( on blind surprisingly) when Israel really thinks 💩of them ?
Yep 📉 cooked to new bottom.
Why did it drop? I read few articles this morning but I still confused. Some articles said that the drop was due to their earnings others said it was due to Cloudflare.
Growth less than expected for next quarter. Think the reaction is overblown but this market is relentless.
Damn, it brought the whole sector down today, including stocks like NOW which was high flying last week.
Time to buy
Twilio had promised 30% revenue growth for 4 consecutive years and now, two years in, announced its impossible and guided for 18% in q4. Feels to me like Atlassian is getting more unfairly hammered. Twilio deserves it
18% growth is still phenomenal though, feels like they don't deserve such a big dip either
Agree. 18% is not bad. Twilio should focus on costs though. Atlassian was and still is massively overvalued (10x revenue multiple is way to much)
Frak! Dang for me twlo went from 100 to 400 and now to 40!!
Same here bro 🤦
I don’t even know what Twillo does. But most likely the COVID bump didn’t continue. They probably hired like crazy now no one is using their services
They have like 300k customers. Still growing. But yes- over hired like crazy and expecting 19% growth instead of 30% or whatever it’s been
What happened here?
The death of SaaS. At least that was the fool article headline I read.