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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Investment Strategies / Software as a Service Gems
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Author: MisterFungi ✧  😊 😞
Number: of 61 
Subject: Re: Hypergrowth valuation
Date: 05/07/23 10:06 PM
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I think we may look back and see that Saul threw in the towel (somewhat) on the hypergrowth firms (e.g., Snowflake, Datadog, Crowdstrike, and maybe some others he ditched earlier) just as M* and others are opining that their valuations have dropped into the realm of the plausible. Also, Google and Microsoft have plenty of cash, and more than one of the former high-flyers could get snapped up.

I'm a straight value investor, and I'm looking hard at some of them. The major cloud hosts (Amazon, Microsoft, Google) may find bottoms this Q, esp. if the Fed says its work is done.
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