Jason Moser

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%.

They saw quarterly gross merchandise volume surpassing $100 billion for the first time.

Of course, we saw the stock sell off.

That's not a terrible surprise.

Just like we're talking about with Cloudflare, for as strong as Shopify is, it's still one of those businesses that trades 150-plus times earnings.

There is a lot of optimism baked in.

Now, I get it, they're taking share.