> This multi-product strategy of creating a consistent cloud foundation has launched them to a successful IPO in December 2022, is driving their $5.6-billion va

> This multi-product strategy of creating a consistent cloud foundation has launched them to a successful IPO in December 2022, is driving their $5.6-billion valuation, and helps them bring in some high-value customers like Lufthansa, AstraZeneca, Ubisoft, and thousands more. (Source: https://foundationinc.co/lab/hashicorp-product-led-growth https://foundationinc.co/lab/hashicorp-product-led-growth) I don't agree with this assessment. Yes, the IPO was successful for the first few weeks [0], reaching $90 at the end of 2021, but is now down to ~$36. Seems to me that the market is not too excited about them, or any other high-tech company right now. [0]: https://finance.yahoo.com/quote/hcp/ https://finance.yahoo.com/quote/hcp/