The blackest wine I’ve ever had and its amazing.

Growth adjusted revenue multiples (EV / NTM Revenue / NTM Growth) are back to where they were pre-covid (in graph below). Meanwhile, the NTM Revenue multiple (not growth adjusted, and not shown in the graph) is ~45% below where it was pre-covid

@sv_techie Completely agree!

This is exactly right! The desire to integrate AI will drive enterprises to adopt cloud systems faster - in particular cloud data infrastructure. Data is the key to unlocking true differentiation with AI, and when that data is locked up in on prem systems it's more challenging

Exciting new product release from the @prisma team!

Lots of discussion around where value accrues (incumbents vs startups) with this AI platform shift. While I do think startups will capture significant value over time, incumbents aren't caught in an innovators dilemma like they were in the last platform shift (the cloud). Two…

Watching #ATPChallenger in Palmas del Mar. Inspired by these players — a life of dedication, discipline & constant training. They travel year-round from one tourney to the next, & now they’re here in PR — battling hrs in extreme heat. For them, “work/life balance” does not exist.

Well-deserved victory for Denver!

Cloudflare $NET has Speed Week next week. Dammit I have’t even caught up on Developer Week yet… slow down.

$TSLA plug becomes US standard - Chargepoint , Blink, EVgo adopting NACS system

EVs + FSD/robotaxi + Energy + Optimus Fairly decent odds of Tesla becoming the biggest company in the world Optimus has the potential of being a real game changer $TSLA

Awesome post from @dbt_labs about how they use dbt internally to drive critical decision making, using a data warehouse centric approach. Should be required reading for any finance team out there!

@AyeshaTariq @youseftv Really good 🔥

Proud of the @Adenza_group leadership and team and excited to partner with @Nasdaq

Can’t say I have seen this nightmare inducer while diving…

@EugeneNg_VCap This is the #1 source of happiness that many people miss out on!

Why does Jensen Huang always look like he just hopped off his motorcycle to run out on stage?

Generative AI is finally getting better with hands.

Generative AI is finally getting better with hands.

If you guys want to get an Apple Vision Pro early, all you need to do is duct tape an iPad to your face and two HomePods to your ears.

@MarceloPLima Yes use cases will fly… and it will be iterated on…. And other devices will emerge…

I made some #AIart based on a comment made by a friend today

Nuclear secrets next to the toilet. Always good to keep some light reading materials handy.

Why do people get so mad about a stock they are NOT IN going up or down contrary to their fly-by-night thesis? It’s a big market, FinTwit. Don’t get so worked up about all the other shit that is no way affecting you.

Anyone around for a chat tonight about Apple $AAPL Vision Pro? Anyone demo one and want to tell the tale? Hey @gruber or @benthompson, you up?

Autonomous vehicle market S-Curve - ~$150 billion in 2022 ---> ~2.3 trillion in 2030 ~40%CAGR over the next 8 years! $MBLY $TSLA likely to be the big beneficiaries

Enjoyed the thread, Follow @investianalyst

Court upholds Musk's win in Tesla-SolarCity deal - @elonmusk did NOT make Tesla overpay for SolarCity Another nail in the coffin for $TSLAQ $TSLA

Tesla's having an AWS or Apple Services moment - $TSLA via @YouTube

Great sitting down with @BloombergTV’s @daniburgz at @SuperReturn in Berlin to discuss enterprise software, market conditions, and implementing AI, as well as why it’s a great time for private equity.

Plus just spotted this take on the $META implications by @MarceloPLima : Love the reference to “ambient computing” in the Vision Pro’s eye/hand controls.

Ahem! It’s pronounced “S-Q-L”.

This week in enterprise software: Top 10 #SaaS #Cloud multiples as of today's market close

Highly recommend this stellar @stratechery post on “Apple’s vision” by @benthompson too;

Also this visceral walkthrough of the hands-on demo from @gruber at @daringfireball :

Today’s premium post covered all the details of $AAPL Apple’s new Vision Pro mixed reality device. Don’t listen to the whiners comparing it to the Quest’s price. This is not a gaming headset. It is an all new spatial computing paradigm set to replace multi-display Mac setups.

Its focus is on giving you a hyper realistic infinite private spacial workspace. It is going up against other high-end XR devices that cost $3-6K, not consumer-grade VR for $300-500 with vision of a cartoon social Metaverse. Piece is of interest to $AAPL $U $META $MSFT $GOOG.

There are other structural differences btw $CRWD vs $S versus the likes of $MSFT, $PANW that cut across the endpoint industry. We'll be diving into these differences and dynamics next week w/ myself and some security leaders. 2-days left, sign-up below.

In summary, $CRWD early decision to invest in managed services complemented w/ human analysts has led to advantages that are currently benefitting them in this macro env that demands consolidation. $S' lack of investing here has further drifted them away from $CRWD in many ways.

In my opinion, this small but important decision is leading to the divergence between these two companies. Many of these are manifested on this list below:

Also, GTM & Talent issues are beginning is show up. The CEO talked abt the challenges of closing deals on the call. $S lost two key talents *within SALES. * Dan was CMO and held many of the keys to $S MSSPs. He led channel partnerships and business dev roles at several SaaS Cos

This is translating to issues especially in this current environment. For example, $S saw a 'pronounced' Q1 than did $CRWD. However, $CRWD closed more deals and is confident about the back half of the year. These are stack differences for similar competitors.

The dynamic currently at work: 1. $CRWD is the leader on Gartner 2. $CRWD has a strong managed service and partnerships to support customers (SMB & Ent) 3. Full breadth of product modules for customers to consolidate on This makes it easier for MSSP/VARs to pitch CRWD over $S

Channel ecosystem of MDRs, MSSPs, VARs etc who recommend products to clients get to buy the product from $CRWD at a discount, then re-sell to their clients & make money on added services. As a result, they're incentivized to recc./sell Gartner's leading products that are popular

In cybersecurity, compared to other tech sectors, companies rely on MDR/MSSP recommendations before buying products. $CRWD's recent leadership in MDR makes them an ideal candidate for SMBs who don't have the budget to staff a full security team in this macro environment.

Although $S now has a managed service, from its early days, it always believed that AI could take this role of MDR. They never emphasized building out this arm as much as $CRWD. This is why they dubbed their flagship product as "autonomous AI", but this strategy hasn't worked.

Now, this mgd service has been key in helping $CRWD stimulate growth in other areas of the business. As $CRWD has added 25+ product modules, this human element has helped them build trust, allowing to upsell more modules. It's become so good, $CRWD report cust w/ 7+ modules.

To explain a managed service (MDR vs MSSP) MSSP is where you pay $CRWD to watch your data & let you know if they see anything that should be flagged. MDR is alternatively where you can pay for them to just take over all your IT stack and say, "If you see something, fix it."

Adding a managed service was key at this time bcos when $CRWD launched their EDR in 2012 many SOC analysts in enterprises didn't knw how to manage cloud EDR. $CRWD analysts were always at hand to offer support in analyzing the telemetry their device generated. $S never got this.

Databricks completes $10B funding round, raises $5.25B in debt

Postman Launches AI Agent Builder

CNCF Announces CubeFS Graduation

Google announces new educational features for Chromebooks and Workspace

DigitalOcean dives into agentic AI creation, making it accessible to every developer

Sysdig extends Wireshark’s legacy with Stratoshark for cloud environments

Diesel Labs blends generative AI chat with big-data analysis to create synthetic focus groups for marketing teams

API collaboration startup Postman wants to lead the charge in AI agent development

DryRun Security raises $8.7M to advance AI-driven application security

Nebius AI Studio adds its first text-to-image models to support creative app development

AI search platform startup Doti AI raises $7M to address enterprise data and workflow challenges

Trump pardons Ross Ulbricht, founder of Silk Road drug marketplace

ChatGPT API vulnerability could enable large-scale DDoS attacks, security researcher warns

Perplexity launches Sonar API for building applications with search capabilities

OpenAI, Oracle and SoftBank to invest $500B in US AI infrastructure building project

Meta reportedly developing Oakley smart glasses and high-end devices

Mitiga secures $30M to expand cloud and SaaS incident response capabilities

Balancing innovation and resilience with built-in cybersecurity

Inside Cloudflare’s security strategy: Evolving security in a shifting threat landscape

HPE investigating potential breach after hacker claims to steal data

Cribl explores deepfakes, laptop farms and AI’s impact on cybersecurity

Trump suspends TikTok ban, signs tech-focused executive orders

Stablecoin issuer Circle buys Hashnote crypto money-market fund manager

Predictions 2025: Data renaissance, systems of agency, LAMs, SAMs and security threats

Delivery management platform Package.ai raises $14M for ‘Uber-like’ customer experience

BrowserStack Partners with Bitrise on Mobile App Testing

Render Raises $80M Series C Funding

Render Services raises $80M to try to make AWS and other cloud infrastructure platforms obsolete

On theCUBE Pod: The tech inauguration and the winners and losers of the next wave

Payment fraud risks increase as cybercriminals exploit e-skimming and scam e-commerce

CubeFS storage platform graduates from CNCF incubation

New Mirai variant ‘Murdoc_Botnet’ targets AVTECH cameras and Huawei routers

TigerGraph revs up its graph database offering with faster setup times and new preconfigurations

Gartner sees 10% IT spending jump in 2025, but don’t get too excited

Trump signs executive order to prevent censorship of online platforms

DeepSeek open-sources its R1 reasoning model series

Cybersecurity startup Tenex launches with an AI-powered cloud MDR service

AI-powered robotics startup Sereact raises €25 million

In challenge to TikTok, Bluesky and X roll out dedicated vertical video feeds

OpenAI CEO to brief US officials on advanced AI agents capable of complex tasks

TikTok restores US service following intervention from President-elect Trump

Transformation in billing: Metronome offers usage-based tech for the AI era

Google bids for multimodal AI leadership

Instabase raises $100M for its AI-powered unstructured data platform

Nexos.ai reels in $8M to simplify enterprise AI projects

Retail’s future reimagined: AI, headless commerce and commercetools’ vision

Supreme Court unanimously upholds law banning TikTok

As AI ushers in a new era of extreme parallel computing, startup funding keeps booming

Phantom cryptocurrency wallet raises $150M at $3B valuation

Moving beyond disaster recovery: Cohesity’s take on cyber resiliency