There’s many SaaS value traps out there. I think “rule of 40” $FRSH is one of these. Despite the new CEO and CFO buying millions worth of shares around this level (love to see it), the core chatbot product is disrupted by AI. OpenAI vibe codes your own chatbot. Saves lots of $$$.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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