A. It was too cheap as compared to NET because of the TikTok fear.
That fear has seemed to pass at least for now.
B. NET EV/NTM is 28.4x with 48% Revenue growth
FSLY EV/NTM was only at 25x with 62% Revenue growth.
Now FSLY is priced more accordingly with an
EV/NTM of 31.5X