Docusign’s sell-off on Friday and the corresponding market (and Nasdaq) sell-off are the latest sign of market uncertainty. No one knows anything – as Monday’s rally reminds us – but the question is whether we know we don’t know. In this week’s The Razor’s Edge, we focus on the uncertainty in the market, the importance of valuation even when growth stocks work, and how to handle the volatility. This ends up being a two-parter, as we will get to Jack Dorsey’s exit from Twitter in the second part next Tuesday.
Topics Covered- 2:45 minute mark – Docusign initial take
- 5:00 – Ringing the bell or the rolling sell-off
- 14:00 – Inflation and the macro in context
- 21:00 – Buy and hold and contrasting investing styles
- 24:00 – Starting SaaS multiples
- 35:00 – Limited entry point
- 43:00 – Bubble basket challenges
- 51:00 – Triggers and bottoms
- Daniel’s Docusign article
- Akram’s SaaS tweet
- Akram’s Zoom tweet
Activity