Re:Ask HN: Why is Docusign a $50B company?
by ab_testing on Saturday November 27, 2021 @07:57PM
(#29365197)
When the fed is printing money, valuations don’t matter. Just for reference, Rivian is a $100B company with no revenue and potential orders for 50000 cars that they only plan to make until the end of 2024.
In most cases , investors only care about growth. As long as they continue to see double digit growth, the stock will continue to grow . E.g TSLA. It is only when the growth stops that the stocks starts to crash - e.g. Peloton and Zoom .
Re:Ask HN: Why is Docusign a $50B company?
by adflux on Sunday November 28, 2021 @03:38AM
(#29367243)
Imagine being able to generate docs like these using the office suite , google docs or libreoffice. Bye docusign.
Re:Ask HN: Why is Docusign a $50B company?
by necovek on Sunday November 28, 2021 @05:56AM
(#29367922)
You can already digitally sign documents in LibreOffice (including "qualified electronic signatures" issued by European countries). I would be surprised if you can't do it in Microsoft Office too.
However, qualified electronic signatures are harder to manage than what eIDAS simply calls "electronic signatures" (i.e. anything you put your name on): DocuSign value-add is a third-party to record an audit trail (time and date, IP address, assurance signatory has access to a particular email address...), basically, someone with no interest in misrepresenting facts about signatories to a document.
There's a lot of legislation around this too, and that can be costly.
As for the features, of course it's not whip it up in a weekend. But MS/Google/Apple are all in a position to put out a competitor that integrates into their platforms. It probably won't put DocuSign out of business but would cut into their margins.