https://www.cnbc.com/video/2018/08/15/twilio-ceo-says-client…
I thought the best part of this interview with Twilio’s CEO wasn’t what the CEO said, but some of Jim Cramer’s comments like (I’m paraphrasing from memory here): “People talk about companies with moats, but you’ve gone that one better, you own this space, nobody could compete with you, you don’t have any competitors!” (or something like that). It reminded me of what I wrote in my Category Crushers post:
Twilio. They provide communication services and they seem to have no viable competition in what they do besides do-it-yourself. … They had a euphoric conference call:
“That means there’s a runway for us for many, many years to be replacing old legacy technology. I think there is going to be no shortage of opportunity for us to do that for years to come … If you actually look at Base Revenue growth excluding Uber, that was in the mid 60% range, and that number has been in the low and mid 60% range over the last eight quarters…”
Clearly another Category Crusher and very high confidence. I’ll give it six stars as well. Actually I think of each of these two companies (Twilio and Alteryx) as juggernauts. They are each a one-of-a-kind company**. Each controls its space and is growing like mad.**
Saul