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18 Apr 2020
I will add EV/FCF for next iteration, but the biggest takeaway for me is not that $SHOP looks expensive, but that $CRM sure looks cheap, especially on a relatives basis.. $MSFT, $SAP, $ORCL, $VMW, $TEAM $ADBE $CRM $INTU $SHOP $NOW $ADSK #Software #SoftwareValuation #TMT #Value
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