CBLK - CrowdStrike IPO: Price At 2x Addressable Market
CrowdStrike (CRWD) is another Silicon Valley startup that recently went public with triple digits across the board including revenue growth, net retention rate, and annual revenue-run rate, which may have you wondering how does one tell all of these Silicon Valley IPOs apart? For the CrowdStrike IPO, as with most cybersecurity companies, the competitive landscape is crucial and requires bulletproof product differentiation as security is a very crowded space. This analysis will look into the product differentiation between CrowdStrike and its competitors for endpoint security to achieve an understanding of valuation and to