Can't wait for the bubble to burst... Wherever you look, there are generic overvalued companies
I don’t think Datadog falls into that category..
Cisco Is Said to Have Offered $7B-Plus for DataDog
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Re: Cisco Is Said to Have Offered $7B-Plus for DataDog
#12I am very keen on picking up some $DDOG shares tomorrow when it IPO'S. As part of my DevOps consultancy I recommend DataDog to nearly all my clients. They check all the boxes in one unified platform:
[X] Server / cloud resource monitoring and alerting [https://www.datadoghq.com/dashboarding/]
[X] Logging [https://docs.datadoghq.com/logs/]
[X] APM (application performance) [https://docs.datadoghq.com/tracing/]
[X] HTTP/API endpoint checks and alerts [https://docs.datadoghq.com/synthetics/]
Re: Cisco Is Said to Have Offered $7B-Plus for DataDog
#13Can't wait for the bubble to burst... Wherever you look, there are generic overvalued companies
Although fair enough in general, New Relic is public with a market cap of $3.5b, and given my experiences with New Relic and Datadog, I wouldn't be surprised if Datadog was easily worth twice New Relic. :) (Certainly they're a lot more than twice as nice to use...)
Re: Cisco Is Said to Have Offered $7B-Plus for DataDog
#14Thank God they didn't take it. Cisco turns awesome products into crap.
Doesn’t Meraki still make good products? Though as far as I’m aware Cisco pretty much has just gave them money and left them to do their own thing.
Re: Cisco Is Said to Have Offered $7B-Plus for DataDog
#15I always wonder in these situations if there is a counter of the form, "Sure, we'll take the cash, up front please, and nobody on the team will be required to go with the company." Most people assume that this sort of demand would 'kill the deal' but sometimes there are exceptions. The reason I wonder about this is because it could create what is essentially a very wealthy core team that can already work well togethe…
A core team of pre-millionaires won't necessarily, or even likely, work the same as a core team of post-millionaires.
I would expect this exactly. Why work at all when I can drive my Ferrari collection, all damn day.
Re: Cisco Is Said to Have Offered $7B-Plus for DataDog
#16Can't wait for the bubble to burst... Wherever you look, there are generic overvalued companies
I don’t think Datadog falls into that category..
They may be great, but are they 7.8 billion dollars of great? For comparison, Hanes (the underwear people) has a 6 billion market cap and Dish Network is 18 billion.
Re: Cisco Is Said to Have Offered $7B-Plus for DataDog
#17Earlier quoted context omitted.
I don’t think Datadog falls into that category..
They may be great, but are they 7.8 billion dollars of great? For comparison, Hanes (the underwear people) has a 6 billion market cap and Dish Network is 18 billion.
They charge $15/host and their service is good enough that you can often say that's well worth it, so I think so.
Re: Cisco Is Said to Have Offered $7B-Plus for DataDog
#18Earlier quoted context omitted.
A core team of pre-millionaires won't necessarily, or even likely, work the same as a core team of post-millionaires.
I would expect this exactly. Why work at all when I can drive my Ferrari collection, all damn day.
I'm not a millionaire but I play golf and belong to a prestigious country club (US Open and Ryder Cup host) with plenty of millionaires in the membership list. Sitting at the bar over the years and chatting with these folks that don't need to work a lot of them do work for a handful of reasons:
1. They're bored and want some challenge.
2. They can't stand being near their wife, husband or kids.
3. They like making money.
4. They're genuinely passionate about whatever niche topic they picked to focus on.
You can only use your toys so much before they get boring.
Re: Cisco Is Said to Have Offered $7B-Plus for DataDog
#19I always wonder in these situations if there is a counter of the form, "Sure, we'll take the cash, up front please, and nobody on the team will be required to go with the company." Most people assume that this sort of demand would 'kill the deal' but sometimes there are exceptions. The reason I wonder about this is because it could create what is essentially a very wealthy core team that can already work well togethe…
The answer to your question is that it depends on how big the discount the core team is willing to take to do so.
They will usually need to take a discount because as a buyer the risk increases if the whole core team is bailing. Which makes sense. In and of itself there is more than a hint of information arbitrage on part of the seller if everyone is cashing out and moving on.
Re: Cisco Is Said to Have Offered $7B-Plus for DataDog
#20Can't Cisco buy DDOG shares if they really want control of the company?