Atlassian is 20 years old and unprofitable

Re:Atlassian is 20 years old and unprofitable by mbesto on Thursday June 30, 2022 @01:14PM (#31935534)

I think we're in agreement here then, the valuations follow the fact that these companies can operationally grow much quicker than others.

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Re:Atlassian is 20 years old and unprofitable by dalbasal on Thursday June 30, 2022 @02:19PM (#31936375)

Sure, they have. So, they certainly can. The question for Atlassian is how fast.

20-30% doesn't get you to a justification for Atlassian's peak value. It doesn't inspire "the next Microsoft" vibes.

Maybe after 10-15 years of growth at this rate, it would... but the market's not paying these prices for that.

Atlassian becomes an acquisition target if stock prices reflect a 20% rate of growth.

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Re:Atlassian is 20 years old and unprofitable by vladich on Friday July 01, 2022 @02:27PM (#31950667)

Since founders hold ~90% voting power combined, no, it's not gonna become an acquisition target.

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