Sarah Friar, the CFO of Square almost since its birth, has stepped down to become the CEO of a start-up venture in the social media space called Nextdoor. Nextdoor is a social media company that is focused, as its name implies, on building a private social network within a neighborhood community. It certainly sounds like…
In the last 2 weeks, after achieving an all-time high of $92, Square shares along with those of most other hyper-growth tech names have pulled back noticeably. In the case of Square, the pullback has been 8%, although the shares have well more than doubled on a year-to-date basis. Are Square shares “cheap?” Better said,…
Salesforce Salesforce reported the results of its fiscal Q2 last evening. Before diving into some company specifics, I think subscribers should consider the following quotation from the company founder, whose knowledge of this space from a sales perspective is simply peerless. “I’ve never seen such a robust spending environment…I’ve never seen CEO’s spend so aggressively.…
Square Square announced the results of its fiscal Q2 last evening. Investors seemed disappointed at first, but later reversed course and bid the shares up to a new high. Rationally, investors in growth names….expect the companies in which they invest to grow. The faster the growth, the better the company has performed in achieving its…
We are in the process of revising the presentation of our portfolio to make it easier to read and more usable for subscribers. We hope to complete this in the next 10 days or so. Until that time, I will be providing commentary, but no charts. I hope you can all bear with me in…
Zuora Zuora shares rose almost 20% of Friday in the wake of strong earnings. Lots of small cap tech was rising on Friday, so perhaps some kind of frothiness might have been anticipated. But 20% is a lot of froth. Zuora is a name I recently reviewed on SA in the aftermath of its IPO. I found the…
Pure-Another strong quarter, once again misunderstood Every three months Pure reports numbers and every 3 months investors seem to forget what the company said the last time out. It has been a rather tiresome pattern, but one that is probably worth noting as it presents opportunities for investors. We have recommended Pure shares for some…
Square/PayPal and the acquisition of iZettle It has been announced that PayPal is acquiring the Swedish payments firm, iZettle, sometimes called the SQ of Europe. The news has impacted the valuation of Square noticeably; Square is down about 3% pre-market and it fell a bit more than 3% on Thursday. iZettle mainly operates in northern…
Square shares reached an all-time high today, up another 6% and they have appreciated by 12% in the last month. The shares have continued their climb in after-hours trading. The action today was primarily a result of an analyst at a brokerage, Loop Capital Markets suggesting that PayPal ought to buy Square. The analyst suggested…
We want to give subscribers a heads-up on more names on a more timely basis. Today was a day in which the heavens poured earnings. We will provide subscribers with brief thumb-nails of the results of some of the names we follow and invite dialog or questions regarding the results and the outlook for any…