Jason Moser

I always look at something like a Cloudflare and think one of the primary risks to a business like this, beyond some sort of security breach, is the valuation itself.

It has always really traded for a premium valuation.

saved those couple of years just a few years back when we were talking about those elongated sales cycles and how

how committed their customers were.

We really saw the stock take a huge hit back then.

But it has recovered, I think, based on these growth rates that we're seeing.

As long as we see that top line continue to grow at the pace that we're seeing today, I think the market, the premium is fairly well-earned, but that is a big risk.

If we see that tick down, we're going to absolutely see those shares pull back.

There was a revolutionary concept there.

That's tongue-in-cheek, of course.

I'm with you there.

I love Airbnb as a consumer.

I like it as a company.

It is difficult to see

That tremendous growth going forward, just given how big the company is, and yeah, experience has just been underwhelming, to say the least.

Shopify.

This was another good one.

Not surprised to see the growth rates they lobbed up.

The report looked very good.

Revenue up 30%.