On the surface Avalara’s business sounds very straight forward and to many investors even boring. They provide cloud-based software and services focused on calculating and filing sales taxes for small and mid-sized companies. However, this quiet segment of the cloud based SaaS market is poised for dynamic growth and due to natural barriers to entry there are very few relevant competitors in the market. The combination of an expected continuation of rapid growth and few competitors has created an ideal investment opportunity for those investors willing to focus on the long-term potential and invest in