Bought back $MNDY today, at close it’s roughly 10.4x EV/sales and I think will get closer to 40% fcf margins over time (currently ~30%). A hated subsector of software but the team simply executes the daylights out of their competition. Love what they are doing in product and will be interesting to see if they can make strides at creating an ecosystem to lock customers in. An undemanding valuation for its business quality and growth imo, let’s see how they guide in a few weeks.
#MNDY