MongoDB, Elastic, Okta: Things Are Tough Out There; Monday, CrowdStrike, Shopify: Not So Fast
SaaStr
AUGUST 31, 2024
There are so many mixed signals: Unicorn product is up 2x over last year, but layoffs continue AI spend is fast and furious, with Google Cloud, Microsoft Azure, etc. CrowdStrike, despite a brand-threatening outage this quarter, also grew 34% at $3.8 So is it a downturn in SaaS or Cloud — or not? seeing record acceleration in growth.
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