My quick stab at FA: Pros - Revenue growth and gross margins are really impressive - Big sales and marketing spend that seems to be effective at growing top

My quick stab at FA: Pros - Revenue growth and gross margins are really impressive - Big sales and marketing spend that seems to be effective at growing top line - Costs under control - loss from operations decreasing with an obvious path to profitability while still scaling up very fast Cons - "We face intense and increasing competition", combined with - $55B total addressable market Assume Samsara manages to reach 20% market share of this market, that means they will be able to grow a maximum of 20x after IPO. Compare this with TSLA who had $15M and grew to $31B (2000x). Probably not the best comparison, and TAM is growing too, but it makes me wonder how much further this company can grow? And at this growth rate? It is quite a niche industry (IoT).