The pain of going from a 109x valuation multiple to 3x
Re: EV...I’ve long struggled to understand why you take out cash but add back debt. Like I understood the formula academically, but not always in theory. Thanks for the clear explanation. You gotta pay people back you owe money
Amazing, well-thought out and well researched article. Thank you!
I expect that the presence of competitors with incredible distribution (Microsoft, Apple, Google) is one reason the stock price is so depressed. I'm interested to see what Zoom are capable of in this environment.