Technology, Capital Markets, Corporate Governance, Leadership, Entrepreneurship
Tag: valuation
The "Pretender" auto companies will likely fail because they don't have Elon Musk. While we have been critical of Tesla's corporate governance, there is no denying Elon Musk's persistence. Musk's level of persistence is rare. It is highly unlikely that the Pretenders (NKLA, NIO, RIDE, WKHS) have an Elon Musk among their senior ranks. The … Continue reading There Is Only One Elon Musk
We recently wrote about the "Speculation Era" in Tech stocks. It doesn't have to be this way. Institutional investors don't have a gun to their heads forcing them to chase performance in companies such as TSLA and SNOW. Yet many are doing just that, throwing time-tested investment principles out the window. Many justify their outrageously … Continue reading The Valuation Circus Is In Town
Given Snowflake's rich valuation, it may be time for Alphabet, Amazon and Microsoft to spin-off GCP, AWS and Azure. Snowflake priced its IPO yesterday and the stock closed up 112% to $253.93 for a valuation of approximately $70 billion. Assuming calendar year 2020 revenue of $500 million implies a MV/Revenue multiple of 140x. The combination … Continue reading Time to Spin-Off AWS, Azure and GCP
To the Moon! Many Technology stocks are at or near all-time highs despite the fact that 40 million people are out of work. Despite the fact that many of those jobs aren't coming back. Despite the fact that CRE deals are not getting done. Despite the fact that airline travel is still off 90%-plus and … Continue reading Market Euphoria & Perspective
Insurance Companies Are Undervalued Technology-Enabled Services Companies Insurance companies are undervalued Technology-Enabled Services companies. Further, they share attributes with richly-valued SaaS companies – namely predictable, recurring revenue. Insurance companies obviously don’t develop and sell technology as a core business, yet they leverage various software applications and analytical tools that power their core underwriting services. From … Continue reading Insurance Companies Are Undervalued Tech Companies
We pulled a list of the top CEOs from our CEORater platform as measured by our "CRScore". The CRScore is a crowdsourced score based upon user reviews at CEORater.com. CEOs are scored on a scale of 0-100, 100 being the best. Users "review" CEOs by posting comments, allocating a Thumbs Up or Down, and by … Continue reading CEORater’s Top CEOs
Cryptocurrency firms fell from grace (Chain and Lightyear merged to form Interstellar) as valuations and expectations got too far ahead of themselves for both the various "coin" firms as well as for blockchain - the distributed database technology that enables digital currency transactions. We are long-term bullish on each - particularly blockchain. The crypto space … Continue reading Don’t Believe The Hype
