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Of all the companies reporting earnings over the past week, none was of more interest to me than BigCommerce (NASDAQ: BIGC). Trotted out by many -- including some here at The Motley Fool -- as "the next Shopify(NYSE: SHOP)," I wanted to see if the company could live up to the hype in its first quarter as a public company.
My verdict: As I suspected, this is definitely not the next Shopify. But -- and this is really important -- that doesn't necessarily mean it will be a losing investment. It just means we need to set our expectations for this software-as-a-service (SaaS) stock accordingly.