This doesn’t alarm me at all. The stock seems to be down a few percent after hours. Maybe because of this news.. who knows.
Intends to use the net proceeds for general corporate purposes, which may include the acquisition of other companies or businesses, the refinancing or repayment of debt, capital expenditures, working capital, and share repurchases.
This is such a bad article that I had to share it. Mongo Database is my third largest holding. I have no idea what will happen to the stock over the next year. I do believe it is one of the most innovative companies around with great products and great management.
I would never ever ever short it. Again..terrible article
MongoDB's stock is up 475% since its IPO.
Competition in the DBaaS and SaaS market is increasing.
At a $7.6B valuation, MongoDB looks like a good short opportunity.
Simon Erickson, one of my favorite investors talks Zoom $ZM on Twitter. Incredible that we can interact and community source investing like this. Also makes me a bigger fan of Zoom. I currently have exposure to Zoom through some puts I sold. That’s probably a waste of time and effort and I should probably just own shares of this awesome company.
Follow Simon on Twitter!Has anyone seen a total customer and/or user count for Zoom $ZM? Zoom reports it has 50,800 customers w/ more than 10 employees, 344 customers spending $100k+, and that its total monthly meeting minutes now exceeds 5 billion. But I have yet to see a reported total user count.Working on estimating the company's TAM potential. -32mm small businesses in the US, but only about 8mm actually have employees. - 100mm of America's 120mm workers are at companies with > 20 employees, and 60mm of those are at companies of > 500 employees.So the TAM is 100m total American employees. Which is huge. At a $20b market cap, there are also huge expectations for Zoom's $ZM scalability. But there's only a limited # of large US enterprises w/ 500+ employees to provide that, while the rest are just 1-20 possible seats.I'm curious what Zoom's $ZM current total user count is (1 million? 10 million?), and how large the organizations are where those users are coming from. As a point of reference, Atlassian $TEAM had 30mm global users (!) from 125,000 customers last yr & is now valued at $30B.TY for the comments as I'm establishing a baseline. We all agree that Zoom $ZM is a fantastic business...so it's now just a matter of figuring out what's a *fair* price for the shares. I'm building a model & will post to Twitter by end-of-wk. Keep the feedback & ideas coming!For anyone following along as the saga unfolds, here are 2 interesting new data points: 1) Zoom $ZM has an avg of 21 users @ customers w/ at least 10 employees; up from 16 two yrs ago 2) ZM gets an avg of $288k/yr from customers who are $100k+; up from $248k two yrs agoA 30k employee home healthcare provider described it like this: "Sometimes when a company gets too big it becomes too political. It is hard to push change through. Eric Yuan [Zoom's CEO] has a culture of really listening to customers and responding." That's incredibly powerful.After reading the use cases, it's very clear that Zoom $ZM is *significantly more customer-focused & better able to execute* than its larger peers like Cisco $CSCO & Microsoft $MSFT. I'm starting to wonder whether its $20b mkt cap is as "overvalued" as I originally considered..