Category: Information Services

Facebook and The Blockchain

Facebook and The Blockchain

Here is our follow-up to our recent article Facebook Will Be Next. We have stated on a number of occasions that social media companies such as Meta/Facebook and Twitter overstate the number of active users given that the active user metric is a self-reported figure and given that no outside firm has the ability to … Continue reading Facebook and The Blockchain

Focus On Quality Management Teams

Focus On Quality Management Teams

As equity valuations pull back and recession looms investors ought to take cover by investing in industry-leading companies led by quality management teams. The universe of such investment opportunities can't be identified by PE or cash flow multiples, dividend yields or the like. While valuation metrics are a decent filter (example: I would never pay … Continue reading Focus On Quality Management Teams

More Irrational Exuberance: Thoma Bravo to Acquire Anaplan for $10.7 Billion

More Irrational Exuberance: Thoma Bravo to Acquire Anaplan for $10.7 Billion

PE firm Thoma Bravo is set to acquire Anaplan (tkr: PLAN) for $10.7 billion. That valuation implies an 18x Enterprise Value to Revenue (EV/Revenue) multiple on trailing revenue of $592 million. To us 18x revenue is a rich valuation in this environment where interest rates are climbing and recession is around the corner. Even if … Continue reading More Irrational Exuberance: Thoma Bravo to Acquire Anaplan for $10.7 Billion

Blockchain and Cybersecurity

Blockchain and Cybersecurity

Our recent Blockchain article touched on the superior digital security offered by Blockchain/ Distributed Ledger Technologies ("DLT"). Over time we anticipate that legacy payment systems, workflow software and general transaction processing systems will be replaced by dedicated blockchain/ DLT networks. The Internet in its present form is riddled with cybersecurity risks. The current crop of … Continue reading Blockchain and Cybersecurity

The Big 3 Cloud Giants Are Poised To Drive M&A

The Big 3 Cloud Giants Are Poised To Drive M&A

AWS, Azure and Google Cloud are poised to drive vertical M&A for years to come. By vertical M&A we refer to M&A transactions that would enable to AWS, Azure and Google Cloud to build a footprint at the application layer across various industry verticals. The obvious acquisition targets would be customers and partners of AWS, … Continue reading The Big 3 Cloud Giants Are Poised To Drive M&A

AWS, Azure & Google Cloud Alternatives

AWS, Azure & Google Cloud Alternatives

Corporate customers ought to think about diversifying beyond AWS, Azure and Google Cloud for cloud storage and embedded capabilities such as AI/ML/NLP and more. Sure, there is Oracle, Alibaba and others. Yet it would seem now may be the time for Industry-focused players to offer cloud services alternatives. Tickers mentioned: AMZN, BABA, FIS, GOOG, MSFT, … Continue reading AWS, Azure & Google Cloud Alternatives

CEORater 2021 Technology CEOs of the Year. Part 3 of 3: Information Services

CEORater 2021 Technology CEOs of the Year. Part 3 of 3: Information Services

Today we announce the winner of the "Information Services" category: Information Services: Doug Peterson, President and CEO, S&P Global Inc. (ticker: SPGI). SPGI shares have performed well but the primary reason why we choose SPGI CEO Doug Peterson over Gartner (ticker: IT), CEO Gene Hall or MSCI (ticker: MSCI), CEO Henry Fernandez was Peterson's pursuit … Continue reading CEORater 2021 Technology CEOs of the Year. Part 3 of 3: Information Services