n one recent example, low-code startup Retool, which helps companies quickly and cheaply build internal software tools, attracted top-tier investors who bid for a round that ended up valuing the quickly-growing company at close to $1 billion. Sequoia Capital won the deal, leading the Series B. Despite its fast growth and high valuation, Retool’s annualized revenue run rate at the time of funding in October was between $5 million to $10 million
"
Diligence cycles have become much more compressed," Coelius said. "You don’t have time to dilly-dally anymore. It’s 24- to 48-hour decision cycles. You have to have done your diligence beforehand
."
A lot of stuff about fast growing and revenue…Profit…What’s that.
OK, so serious question here for the serious people serious about serious money. I am upping my 401k contributions and will reallocate where the money goes. I did 21% last year. Not too shabby given the bipolar year that the year was.
What do you feel are the stronger sectors heading into the year given, covid, Biden, the Fed and gender free pronouns?
I’m thinking commodities, infrastructure and energy, although I am set with energy already. Also set with banks.
AMC wasn’t exactly looking great before the pandemic… Not sure why someone would take a flyer there. What’s the upside? It might double in a year, with the downside that it realistically might go bankrupt? Seems like lousy risk-reward.
I will just write CCL again. Easy double bagger once vaccination of senior citizens is done. Yes it’s leisure and travel and that’s exactly what a lot of us are itching to do.
I just spoke with a very knowledgeable guy in the business. He likes Casinos. Says people will go to WYNN. So, I can see CCL coming back heavy. How far is it off it’s 52 week high?
That may just happen. Oil is over $50 I believe. Nat Gas is now steadily coming back and soon there’ll be a demand at the bottleneck created by the shutlockslowdown. XOM is a great stock that’s dying like MO and PM are dying, and I’ve owned them for nearly 20 years.
Lot of recovery stocks waiting to go ballistic. CCL has been hoovering in the 20~21 range for quite a while now. If there wasn’t the constant prediction of a major correction, I’d be much more willing to buy more of these stocks.