In public and private markets, cloud earnings and valuations heat up
This quarter, strong earnings results from public cloud companies were overshadowed by a seemingly endless IPO cycle. Another moment we somewhat missed over the last few weeks was the stock market pushing the value of public cloud companies to all-time highs.
These events are connected. And they bode well for cloud startups working on SaaS and API-delivered software, which are keeping the climate for cloud venture investment warm and valuations stretched by historical norms.
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The earnings results that have made Wall Street content include a growing...Read all
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