Damn, $NET killing it, looks like I am realizing hypergrowth investing finally
  • Second quarter total revenue totaled $234.5 million, representing an increase of 54% year-over-year
  • Strong large customer growth, with a record addition of 212 large customers in the quarter, bringing the total number of large customers to 1,749
  • operating cash flow was $38.3 million, or 16% of total revenue, and free cash flow was negative $4.4 million, or 2% of total revenue




Rihard Jarc's avatar
Strong quarter, and just when the valuation comes down to some degree (under 20x sales :D) it skyrockets again. I wonder if this is one of those early $NFLX and $AMZN, where you could never get in at a reasonable valuation.
Modern Growth Investing's avatar
@rihardjarc most probably, wide moat, flawless execution, large TAM, high ROI, certainly feels like it
Rihard Jarc's avatar
@growthinvesting Any thoughts on competition? or threats from big tech?
Modern Growth Investing's avatar
@rihardjarc They are the threat to big tech.
Daniel Budd's avatar
Wish I bought more😂 added a few shares here and there over the past couple months, but could have added a lot more!

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