The Razor's Edge #15: SaaS Earnings And Work From Home Vs. Work From Everywhere Plays
The software as a service sector has passed its first recession test in flying colors, as the nature of the coronavirus market has led to a increased business for these companies. With two of the most popular names - Slack and Zoom - due to report in a couple weeks, Akram's Razor and Daniel Shvartsman check in on the state of the sector and whether work from home is a benefit or a liability.
Topics Covered:
3:00 minute mark – What explains a big move like Twilio's
7:00 - The broader valuation context
15:00 - The prevailing dynamic of competition
21:00 - Valuation pair mismatches – DDOG/NEWR, PD/EVBG, WORK/ZM
36:30 – Leaving the 10x EV/sales barrier in the past
46:00 – Where does Slack go when the light bulb turns on?
55:30 – the NFLX parallel for Zoom and the search for a pivot
1:03:00 – Slack earnings preview
Topics Covered:
3:00 minute mark – What explains a big move like Twilio's
7:00 - The broader valuation context
15:00 - The prevailing dynamic of competition
21:00 - Valuation pair mismatches – DDOG/NEWR, PD/EVBG, WORK/ZM
36:30 – Leaving the 10x EV/sales barrier in the past
46:00 – Where does Slack go when the light bulb turns on?
55:30 – the NFLX parallel for Zoom and the search for a pivot
1:03:00 – Slack earnings preview
Activity