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PagerDuty S-1

sec.gov

11–20 of 194 posts

Re: PagerDuty S-1

#11
Interesting that they reference their Glassdoor rating:

The strength of our culture is key to attracting and retaining the best talent, as demonstrated by our high employee retention rates, and, as of January 31, 2019, a Glassdoor rating of 4.5 out of 5 and 100% approval rating of our chief executive officer.

Re: PagerDuty S-1

#13

2017: $79.6M revenue, ($38M)in losses. 9 months of 2018: $84M revenue, ($34.5M) in losses. Costs seem generally under control except the significant growth (+66%) in G&A expenses. Why the hurry to IPO?

Half the growth in G&A expenses is due to their one-time donation to the Tides Foundation. If you back this out their expenses growth here is in line with everything else.

Re: PagerDuty S-1

#14

2017: $79.6M revenue, ($38M)in losses. 9 months of 2018: $84M revenue, ($34.5M) in losses. Costs seem generally under control except the significant growth (+66%) in G&A expenses. Why the hurry to IPO?

My mostly uninformed opinion is that smart money smells blood around the corner and wants to cash out before it gets bad. Mass retail store closures, layoffs, IPOs, ...

Re: PagerDuty S-1

#15
post #7

2017: $79.6M revenue, ($38M)in losses. 9 months of 2018: $84M revenue, ($34.5M) in losses. Costs seem generally under control except the significant growth (+66%) in G&A expenses. Why the hurry to IPO?

Good market now, bad market likely in a year or two.

Why do you think bad market likely in a year or two?

Re: PagerDuty S-1

#16
post #4

Professional marketer perspective: Sales and Marketing is around 60% of revenue at 47 million a year. Advertising is around 5 million a year, so the rest of the spend looks like sales costs, content production, and maybe event marketing. The media spend seems to be mostly adwords: "The effectiveness of our online advertising has varied over time and may vary in the future due to competition for key search terms, chan…

The Facebook advertising spend is most likely remarketing, not post/page promotion.

Re: PagerDuty S-1

#17

PagerDuty feels like abandonware. It hasn't changed in the last 4-5 years.

Agreed, too many good open source solutions now. No one thinks of alerting as paging anymore. You can use email to text now, chat solutions like Slack/Mattermost/etc. You no longer need an SMS gateway and if you do then Prometheus supports Twilio. All PagerDuty has going for it is a sales team trying to get managers to sign up for a service before exploring alternatives.

Re: PagerDuty S-1

#18

Interesting that they reference their Glassdoor rating: The strength of our culture is key to attracting and retaining the best talent, as demonstrated by our high employee retention rates, and, as of January 31, 2019, a Glassdoor rating of 4.5 out of 5 and 100% approval rating of our chief executive officer.

Pretty funny considering that Glassdoor will delete negative reviews.

Re: PagerDuty S-1

#19
post #4

Professional marketer perspective: Sales and Marketing is around 60% of revenue at 47 million a year. Advertising is around 5 million a year, so the rest of the spend looks like sales costs, content production, and maybe event marketing. The media spend seems to be mostly adwords: "The effectiveness of our online advertising has varied over time and may vary in the future due to competition for key search terms, chan…

Jesus, do people really like company FB pages (especially B2B companies) at all these days?

Re: PagerDuty S-1

#20

PagerDuty feels like abandonware. It hasn't changed in the last 4-5 years.

Agreed, too many good open source solutions now. No one thinks of alerting as paging anymore. You can use email to text now, chat solutions like Slack/Mattermost/etc. You no longer need an SMS gateway and if you do then Prometheus supports Twilio. All PagerDuty has going for it is a sales team trying to get managers to sign up for a service before exploring alternatives.

Out of genuine curiosity, do you have a list of good alternatives or some reading material on "paging" best practices? My team uses PagerDuty but I've never really questioned if there's a better method out there because the system PagerDuty replaced for us was so terrible that PagerDuty seemed like a godsend.
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