Pinned straw:
mikebrisy
So, is this a case of:
"In today's competitive marketplace, a product advantage can be competed away overnight by a simple feature in a competitor's product. That's why it's important to focus on building a sustainable competitive advantage, something that can't be easily copied or replicated." - Michael Porter
Where in this case we replace "competitor" with "partner"? Or will customers continue to see value in having their back-up outside of the Microsoft ecosystem?
Food for thought.
Strawman
Wow, talk about a huge drop. 25% down (so far) and on very significant volume. circa $65m in market cap up in smoke!
Share price now at levels not seen since..*checks notes*.. 3 weeks ago!
Never a dull moment in small cap land :)
I don't have any insight into the significance of this news. On one hand, I'd imagine the market opportunity is large enough for Dropsuite to still do well. Especially given they seem to be a known and trusted partner for all their managed service providers. Also, it seems like there's some sense in having your back-up provider to be a separate entity. What if Microsoft itself is hacked or attacked? (admittedly very low likelihood and no doubt there'd be very effective partioning)
On the other had, Microsoft could offer bundled offers and a much more streamlined implementation.
Still trying to lock in some time with Charif, but hoping he can provide some clarity.
Outside of this news, the latest investor presentation was pretty encouraging I thought. We now have 5 consecutive quarters of positive operating cash flow.
