Some interesting IPOs coming up:

-C3.ai (Tomorrow)
-Doordash (Tomorrow)
-Airbnb (Thursday)
-Roblox
-Affirm

I don't have much interest in Doordash or Affirm. I prefer Unity to Roblox. Airbnb is a great company but outside of my focus. I will consider taking a starter in $AI.

Quote from roadshow:

“What appear as features within our product, appear as the entire basis of other companies in the marketplace. Our data aggregation capabilities are equivalent to Palantir. We have a product called Ex Machina which is a 21st century equivalent to Alteryx..."

Good thread explaining the business: https://twitter.com/marketplunger1/status/1334192396700151812?s=20

Basically, it's a picks-and-shovels play on enterprise AI

Things I like:
-Huge TAM ($174B today)
-Small size
-Founder (great track record)
-High switching costs with no direct competition
-Strong revenue growth

Risks:
-Quite unprofitable
-Like Palantir, long sales cycles and high customer concentration. The top two customers accounted for 36% in FY20 (vs 26% in FY19) with 29 customers total. 5 to 9-month sales cycles with significant S&M spend (61% in FY20 vs 41% in FY19)