After reading Saul’s, Bear’s and almost every post about FSLY in the past few days, it appears we’ve reached a point where tech superiority doesn’t matter anymore in this board compared to traditional business methodology and growth. In essence, how we developers feel about the technology that’s shaping the future doesn’t seem to matter as much as quarter to quarter growth. (That makes me think why why Mr.Buffet after all these years chose to invest in SNOW? … another usage based business ?).
I’m not sure about the history, but I feel TSLA is banished on the board (even though it has re-defined the Automotive industry) and changed the course for the future for cars. ( compare Ford, GM and TSLA’s market cap today compared to 3 years back.)
I own a Tesla Model S for the past 4 years ( and a sense of pride feels me every time I drive it) in addition to my BMW. I can testify that that Tesla is way ahead of BMW in almost every aspect ( specially in terms of what it’s trying to do with it’s AI).
Now, coming back to FSLY; it seems that many investors in this board are trying to ride the benefits of high flyer’s ( disregarding the effort and work that goes into re-defining the future of edge computing and IoT). I would also ask a question to many who have sold out of FSLY into NET; do they understand how WebAssembly works? All that collaboration work that’s going on with developers from Fastly, Shopify and Google and others to build a better and secure Internet (have you ever tried to check their collaborative work on GitHub?). Unfortunately this is going to be my last post on this subject as I’m a purely tech guy and this board is too much focussed on business and the performance of the next quarter.
Cheers!
ronjonb