CLICK HERE to access the Call Replay & Presentation.
Topic Timestamps:
- Explanation of the Hedgeye Tech Process and the Quarterly Idea Hunt (1:47 – 4:50)
- Anaplan (PLAN) LONG: A High Quality Recent IPO, Well-Positioned for a Large Open-Ended Market
- How Callidus (CALD) Led us to Anaplan and Product Uniqueness (4:50 – 8:57)
- Market: ORCL’s View of PLAN and the Massive Opportunity Ahead (8:57 – 11:46)
- Product: Feature Improvement Evolution, Market Acceptance and Comparison to Peers (11:46 – 16:05)
- Who is the Right Acquirer? Considering All the Options (16:05 – 20:45)
- Headcount, Employee Sentiment, and Modeling Out the Growth (20:45 – 24:42)
- Anaplan vs. Adaptive Insights, KPI, & Conclusion (24:42 – 27:35)
- Splunk (SPLK) SHORT: A Great Company That We Don’t Want to Own Right Now
- The Recent Splunk Acceleration, ML, And Why We Think That Fades (27:35 – 36:30)
- The Importance of the Base and Drilling Into Billings (36:30 – 42:10)
- Revealing the Maturity of the Go-To-Market: Land, License Size, & Net Expansion Rate (42:10 – 46:45)
- Product Exposures: Why the “Great Product vs. Too Expensive” Debate Matters More Today Than it Did Historically (46:45 – 52:45)
- Splunk’s M&A Path, Why That Signals EV/FCF Transition & Where We’ve Seen This Move Before (52:45 – 61:04)
- Q&A (61:04 – 63:26)
Please call or e-mail with any questions.
Ami Joseph
Managing Director
Yosef Vaitsblit
Analyst