I haven't followed these companies in a long time, but I've been doing some light digging on these names. The ones I'm talking about:
* Crowdstrike (CRWD)
* Snowflake (SNOW)
* Cloudflare (NET)
* MongoDB (MDB)
* Asana (ASAN)
* Unity (U)
How are they all still unprofitable? Many of these companies are well past the hypergrowth phase. Some of these have been around for 15 years. How are they unable to generate a net profit when their gross margin is 80%?