They already have over 2,000 employees in Seattle and growing. They hire amazon and Microsoft cloud engineers.
Owned
500 SQ
300 VEEV
300 SPLK
100 PANW
200 TWLO
Ytd 36%
@manch Still own any or sold all?
IIRC you have TWLO, CRM, ADBE, OKTA, TEAM, COUP, AYX, ZEN, BOX
Cloud is 25% of my portfolio, the largest component.
Interactive Brokers is showing I’m up 90% Time-weighted Return, ytd. Seems hard to believe.
SHOP gained a ytd 100-300% depends on your avg price and quantity.
I have many accounts 
Each account rep different portfolio.
Cloud 36%
Option 45%
AAPL 56%
Index 20%
Don’t have 90% 
ytd portfolio. Option trades occasionally have 200%
Overall asset portfolio is not moving much because RE prices in SV are dropping like rocks and Austin has appreciated 7% only.
Btw, didn’t use time-weighted. Just simple ytd, now vs Jan 1.
Never heard of Xero, Paylocity and Realpage. 
@manch Are you planning to invest in CLOU? Since inception in Apr, it is underperforming S&P.
Is COUPA that good? Recall you own them.
YTD rocks like SHOP.
After one week,
Cloud 34% 
-2%. Only account that decrease. Mainly due to TWLO.
Option 50%
+5%
AAPL 62% 
+6%
Index 22% 
+2%
Yup I have COUP. Need to own the leader in each category.
Visited coupa website. Both coupa and Shopify are serving SMBs. No overlap in services 
Most of Coupa’s engineering seems to be done in India?
Why trust the trend chasing finance guys to manage your money instead of choosing some companies that’s setting the trend. But I might rely on those guys for other field like Health care or Finance though.
True. I’m just surprised by their choices. 3 of the top 10 holdings I have not heard of, and I thought I am reasonably knowledgeable in tech.
What happens every time you think that?
Other than SHOP, which cloud do you have now?
It seem the rush by SMBs to digitize their businesses is slowing down. Many clouds serve SMBs,
SHOP
COUP
ZEN
TWLO
SQ
Better go with FAANMG.
AAPL, MSFT and GOOG are hitting new ATHs!
Or just MAGA. MSFT AAPL GOOG AMZN.