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I came across a recent post from Beth Kindig on twitter which I thought helps explain the conviction that the boards top posters have in the likes of Zoom & Crowdstrike from valuation perspective and kind of flips it on its head.

Beths approach is a fair bit sensitive to valuation vs Saul/Bear etc but still helpful to see it like this.

https://twitter.com/Beth_Kindig/status/1323671209553272832
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