What an informative report.
Didn’t realize how dominant TEAM was in that space. Time to take a closer look there I think. In that space I was also encouraged by Smartsheet’s upward bending curb. Looks like SMAR is gaining market share. Not from TEAM but from the #2&3 who are bending down.
Teladoc and DOCU are going back in the consideration basket too. TDOC needs to be reconsidered as something that can be utterly disruptive.
This survey makes up and coming IPOs Slack, Uber, and AirBNB look super interesting.
Uber was recently the most expensed vendor for U.S. business travelers based on the number of transactions, accounting for 11% of all transactions.(Second-place Starbucks only claimed 4% of the total.)
Uber almost 3x the number two in expense claims. I doubt I would jump in on that IPO, but that’s pretty dominant.
Thanks again. Going to take a few passes to digest that thing.
Darth