Playing Defense With Cloud Software Stocks

YCharts: Box Inc Revenue Annual YoY Growth

Conclusion

Value investors like to focus on valuations as an indication for a bubble, especially since their objective is to find cheap companies. This works in some industries, but it does not work in tech. This is because some of the most expensive tech companies are also the top performers with insatiable addressable markets.

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Beth Kindig

Beth Kindig

1.4K Followers

CEO and Lead Tech Analyst for the I/O Fund with cumulative audited results of 141%, beating Ark and other leading active tech funds over four audit periods in 2