CRWD - Poaching

I was just reading a SA article and it highlighted something I had not thought of before.

CRWD said in the latest ER they are ramping up hiring - especially in R&D. Experienced R&D people are likely going to be poached from competitors - the same competitors who are struggling mightily to come up with products to stay alive. CRWD can probably take all their best people and leave them with the dregs to try to come up with new products. Thats going to make it extremely hard for the legacy competitors.

Maybe this is intuitive to others, but it was a “light bulb” moment for me.

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Maybe this is intuitive to others, but it was a “light bulb” moment for me.

A bidding war for talent will make R&D very expensive. It’s called wage-price inflation.

Wage-Price Spiral

https://www.investopedia.com/terms/w/wage-price-spiral.asp

Denny Schlesinger

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