08-18-2021, 01:56 PM
Thoughts on an upcoming player in the cloud computing industry: DOCN
<!-- SC_OFF --><div class="md"><p>I'm curious what you guys think of Digital Ocean, as I will be devoting some budget every paycheck to buy $DOCN during the upcoming correction/crash.</p> <p><a href="https://citronresearch.com/wp-content/uploads/2021/08/DigitalOcean-The-Shopify-of-Cloud-Computing.pdf">https://citronresearch.com/wp-content/uploads/2021/08/DigitalOcean-The-Shopify-of-Cloud-Computing.pdf</a></p> <p>IMO, Digital Ocean's long-term strategy to garner loyalty and increase subscription volume from the developer community will significantly increase their potential revenue in the mid-to-long term. If they can continue to buy the small to mid-size market with absurdly low IaaS costs, high quality documentation, and simple automation tools, they will have at least 30% YoY revenue growth for several years to come. Additionally, by prioritizing automation tools and developer documentation, the cost of maintaining infrastructure and supporting their clients will scale very efficiently. The upside potential is very high for this equity.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/yeluapyeroc"> /u/yeluapyeroc </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/p65eeu/thoughts_on_an_upcoming_player_in_the_cloud/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/p65eeu/thoughts_on_an_upcoming_player_in_the_cloud/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>I'm curious what you guys think of Digital Ocean, as I will be devoting some budget every paycheck to buy $DOCN during the upcoming correction/crash.</p> <p><a href="https://citronresearch.com/wp-content/uploads/2021/08/DigitalOcean-The-Shopify-of-Cloud-Computing.pdf">https://citronresearch.com/wp-content/uploads/2021/08/DigitalOcean-The-Shopify-of-Cloud-Computing.pdf</a></p> <p>IMO, Digital Ocean's long-term strategy to garner loyalty and increase subscription volume from the developer community will significantly increase their potential revenue in the mid-to-long term. If they can continue to buy the small to mid-size market with absurdly low IaaS costs, high quality documentation, and simple automation tools, they will have at least 30% YoY revenue growth for several years to come. Additionally, by prioritizing automation tools and developer documentation, the cost of maintaining infrastructure and supporting their clients will scale very efficiently. The upside potential is very high for this equity.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/yeluapyeroc"> /u/yeluapyeroc </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/p65eeu/thoughts_on_an_upcoming_player_in_the_cloud/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/p65eeu/thoughts_on_an_upcoming_player_in_the_cloud/">[comments]</a></span>Kind Regards R