DigitalOcean has a high net dollar retention rate. Cloudways who we bought last year was a customer. Started in 2014 at $10 a month and grew to spending with us a million bucks a month when their last invoice, when we acquired them last summer. Just seeing that customers are spending more and more on the platform, I think really speaks to the value that DigitalOcean provides.
The graphics processing maker became $200 billion more valuable in a single day.
(00:21) Jim Gillies and Ricky Mulvey discuss: - Nvidia’s blockbuster quarter and valuation questions to consider. - The history of tech cycles and lessons for investors. - If Best Buy needs sales growth to reward shareholders.
Plus, (16:21) Tim Beyers and Meilin Quinn interview Digital Ocean CEO Yancey Spruill about how the cloud service provider differentiates itself from competitors like Microsoft and Amazon.
Companies discussed: NVDA, BBY, QCOM, CSCO, INTC, MSFT, DOCN, AMZN
Host: Ricky Mulvey Guests: Jim Gillies, Yancey Spruill, Meilin Quinn, Tim Beyers Engineers: Dan Boyd, Heather Horton
Stock Advisor Roundtable podcast: https://open.spotify.com/episode/0RhY5qYNv1l2AyS4g8LV1d?si=ded6d6d1cdda46cb
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