51–60 of 370 posts
Linkedin is down 38%. Tesla is down quite a bit. My guess is that some VCs were leveraged and had to liquidate positions. Free money from leverage does not look as good when equities go down... I think we are heading for a most violent year on the markets. Pharma and biothechs will most likely be the only bright spots, especially anti-anxiety drugs... :-) Keep plugging at building great software that actually helps m…
"Tableau Software tumbled 36% after management warned it was unlikely to realize benefits of certain tax assets. The news sent shares spiralling despite the software company's better-than-expected quarter. The company earned 33 cents a share, more than double estimates." Also their growth is down.
What is a tax asset?
For example, companies will calculate depreciation on their capital assets using various methods. However the IRS/CRA have their own methods for calculating depreciation on these assets. The difference between these two amounts can create a deferred income tax liability or asset. That is, if you record depreciation higher than what the IRS calculates as, the income tax expense you record on your income statement will be higher than the amount you are actually charged.
There are also rules which identify whether or not companies can put a deferred tax asset on their balance sheet. Under International Accounting Standards (IFRS), companies must establish that they can realize these assets by having sufficient income to apply them against in the future. In the U.S., as was the case here, a valuation allowance was applied to decrease the asset as they indicated that they weren't likely going to have a sufficient net income in future periods to apply that asset to tax expenses.
Anyways I'm a bit rough on it as while I've got an education in accounting it's not my day-to-day job anymore. Additionally I'm not that familiar with U.S. accounting standards
Atlassian is currently down 23%.
https://www.google.com/finance?q=fireeye&ei=weS0VunZONbcsAHQ...
I don't know what Tableau Software is and I found it pretty amazing that when I Google it I could still not figure it out because all the results were about the stock price. I think people might be focusing too much on stock price is Googling a company's name doesn't result in seeing the company's website on the first page of results.....
I have limited experience with it (only POCs), but I liked it very much.
They usually figure well in Gartner rankings
Earlier quoted context omitted.
This is an extremely frustrating thread to follow. We have some people who have run a Tableau server with no issues, and now two people who are effectively saying "oh, it's awful but I have no interest in telling you why".
I wouldn't even know where to start to be completely honest.
I don't know what Tableau Software is and I found it pretty amazing that when I Google it I could still not figure it out because all the results were about the stock price. I think people might be focusing too much on stock price is Googling a company's name doesn't result in seeing the company's website on the first page of results.....
They are/were extremely popular with many sales organizations for internal dashboarding and even some media outlets used their stuff for public websites.
Sad to see this state of things for them, as the product was true good at one point. That said, I have not touched it in 3-4 years, so not sure how competitive it is now.
Linkedin is down 38%. Tesla is down quite a bit. My guess is that some VCs were leveraged and had to liquidate positions. Free money from leverage does not look as good when equities go down... I think we are heading for a most violent year on the markets. Pharma and biothechs will most likely be the only bright spots, especially anti-anxiety drugs... :-) Keep plugging at building great software that actually helps m…
You're saying that VCs (i.e. funds that do not invest in public companies) figured out they're too leveraged and had to sell the (public!) share of LinkedIn exactly as LinkedIn announced horrible results/outlook? A few things in the above explanaiton aren't completely consistent...