Denis D · 2023-11-10T15:06:43.326584Z

A lot of incompetent in tech investors put $DOCN and the rest like $DDOG $SNOW together. a few important points: 10 pe is not 100 being an infrastructure provider and a user are 2 different sides of the same moat

@PashaTechnic

1Yr·

A lot of incompetent in tech investors put $DOCN (+1.5%) and the rest like $DDOG (+1.06%)
$SNOW (+1.1%) together.

a few important points:

10 pe is not 100
being an infrastructure provider and a user are 2 different sides of the same moat

2 Comments

Lucrash@KapriolenCapital

1Yr

The biggest differentiator is that $DOCN is aimed at SMBs or even just small dev projects. Those are the ones who struggle more currently than big enterprises which utilize Snowflake or Datadog products. They have management issues and seek a new CEO after the last one left with incorrect income statements. I held DOCN shares from them BUT they lost my trust after that CEO debacle so I sold. I like them as an user but not as a shareholder. I would hold none of these 3 and rather buy a nasdaq 100 ETF.

••

Denis D@PashaTechnic

1Yr

@KapriolenCapital as time goes on I see CEO doesn’t do much. There is a good team with a good plan, the product is so great that probably a moron can do it, and they are good at allocating money (last convertible notes just a free billion $).
Regarding smb - it’s past, they start fighting with red hat (openahift), and later on with complex IAM systems like aws has.
Splunk also used to be freaky startup thing

••