Transcript excerpt of a YouTube conversation (Jason M. Lemkin and another speaker) discussing bull and bear cases for CrowdStrike. The speakers debate CrowdStrike’s standing as an attractive SaaS/cloud company, its cash flow and multiples, and reference a recent product/content release mistake that they characterize as not a security incident but an error in release.
If we move forward, then and we think about a bull case and a bear case for CrowdStrike, if we start on the bull case, let's start optimistic. What is the bull case for CrowdStrike from here?
Well, two things. First of all.
Even with CrowdStrike, arguably the most attractive SaaS and cloud company.
Through last week, in terms of multiples, everything, full package, everything.
Cash flow.
So you're held to.
The highest standard. Having said that, everyone gets one pass. And I do think what CrowdStrike kept.
Saying is very important, even though no one was listening at the time, which was, this was not a security incident.
Everything was, this.
Is not a security incident. We screwed up. We did this.
Upload this.
Release that was bad.
This content release.
Whatever it was, but our security was not breached.
