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K. Liu's Week in Review

We attended the LD Micro Main Event, our first in-person investor conference since the start of the pandemic. Kudos to Chris Lahiji and team for hosting a great event.

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Software IndustryKevin LiuOctober 16, 2021AZPN, BCOV, CXDO, DHX, ETWO, QADA
Thoma Bravo Completes Acquisition of Stamps.com; Discontinuing Coverage

After shareholders approved the proposed sale of Stamps.com (STMP) for $6.6 billion in cash, Thoma Bravo completed its acquisition of the company. Shares of Stamps.com have ceased trading and will be de-listed.

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Stamps.com (STMP)Kevin LiuOctober 6, 2021PC Postage, multi-carrier shipping software, Acquisition
K. Liu's Week in Review

Stamps.com’s (STMP) shareholders approved the company’s proposed sale to Thoma Bravo for $330.00 per share in cash, paving the way for the transaction to close this coming week. Of course, our coverage of Stamps.com will come to an end with the closing of the deal.

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Software IndustryKevin LiuOctober 2, 2021ADBE, AKAM, ALTR, FIVN, INTU, NTCT, STMP, ZM
K. Liu's Week in Review

After rumors first surfaced a couple weeks ago, Intuit (INTU) confirmed that the company has agreed to acquire Mailchimp for $12 billion in cash and stock.

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Software IndustryKevin LiuSeptember 18, 2021ABST, APPF, ECOM, INTU, ORCL, RDWR, SQSP
K. Liu's Week in Review

Despite positive results nearly across the board, market reception to those reporting earnings remains a bit mixed. We surmise the combination of relatively high valuations and the looming specter of decelerating growth against more challenging comparisons in the quarters to come have prompted some angst among investors.

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Software IndustryKevin LiuSeptember 11, 2021BIGC, COUP, DSGX, MANH, MIME, SCWX, SMAR, SSTK, TCS-CA, TYL, VRNT, WDAY, ZS
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