I guess every case is different but concerns about ‘decelerating growth’ is somewhat strange or show the shorter term emphasis here. Growth could soften and then re-accelerate. why would the initial growth phase be strictly growing linearly? it can decelerate and accelerate, go up and down and up and down and up and up…?
if the lens is put down over a longer time period, that weakening at that one time may be insignificant.
I guess that chasing something at ‘an early stage’ and selling after the run ups can be lucrative. Afterwards you look for another one to ride. In these past couple of years the IPOs for tech start-ups have been hot. But that will inevitably cool off and there won’t be any hot IPO to ride off.
The question then will be ‘which one should I keep for a longer period?’.
tj