I have flagged two areas of concern with this latest earnings report:
1. Their FTE hiring plans of 1,500 in 2022 which is about a 42% increase YoY. While I understand that they are growing rapidly and trying to grab marketshare, this level of operating expense increase is concerning. Borderline hubristic.
2. DBNRR has been trending down for the last three quarters. It is a lagging indicator and perhaps a sign of future slowdown if it continues to fall.
I have flagged two areas of concern with this latest earnings report:
1. Their FTE hiring plans of 1,500 in 2022 which is about a 42% increase YoY. While I understand that they are growing rapidly and trying to grab marketshare, this level of operating expense increase is concerning. Borderline hubristic.
2. DBNRR has been trending down for the last three quarters. It is a lagging indicator and perhaps a sign of future slowdown if it continues to fall.