Interesting post as always, but the software space is an absolute minefield with absurd valuations. I can name dozens of companies that have no earnings, middling products and bloated head counts. And I work in the field, use some of their products. I think after the real estate sector it may be the worst sector out there, certainly in the running vs. biotech. Tight stops!
Fantastic analysis. Consider charging for it 😊
Great piece Florian, thanks for sharing!
I really enjoy your commentary and insight...always a top read. Also enjoy your twitter posts.
well done!
Interesting post as always, but the software space is an absolute minefield with absurd valuations. I can name dozens of companies that have no earnings, middling products and bloated head counts. And I work in the field, use some of their products. I think after the real estate sector it may be the worst sector out there, certainly in the running vs. biotech. Tight stops!
Could you please paste here link on the original graph, as I would like to see data for other countries as well.
https://substackcdn.com/image/fetch/f_auto,q_auto:best,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fa49c627d-5716-441a-8bee-44e169ba5ec8_2520x1200.jpeg