Public cloud stocks have taken a drubbing in 2022. But not all cloud companies have been impacted equally. Why is this happening, how severe is the compression, & where are the areas of resilience?
Great work, thank you for sharing! I think what many discovered after Amplitude miss is that there's basically no floor for what an unprofitable cash-burn SaaS co can go after they miss sales (or worse, change LT outlooks). Reflexivity kicks in and you start to read about Zoom and DocuSign changing comp because the stock went too low. It's hard to own stuff that doesn't own its own destinity.