Source: Mimecast Investor Presentation
Investment Thesis
Before I dive into Mimecast (MIME), I want to lay the foundation for the company and its business environment. Mimecast has centered its service around the protection of a gaping hole in the cybersecurity of many companies: email. With this being said, email is increasingly becoming a less important vector for the transmission of sensitive information. You may take this with a grain of salt, but within my own company, we do not communicate internally via email whatsoever. We communicate strictly through public and private chat channels, which has