No one sets out to be in the 2nd tier. I have never heard of a goal to be second-best, or “almost as good as.” Tech investors have long been cognizant of the experience that the leading company in a space winds up with 80% of the profits. It doesn’t always work out that way-Checkpoint makes…
SAIL
I have been asked by some of our subscribers to write briefly about two new cybersecurity stars that have recently gone public, Okta and SailPoint Technology. Okta went public about 14 months ago at $17/share (first trade at $23.75) and the shares reached as high as $61 before this recent correction without too many hiccups…