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2024-11-27 06:18:25 CET

Dare Obasanjo on Nostr: A friend and I had a fun discussion about whether CrowdStrike would lose any business ...

A friend and I had a fun discussion about whether CrowdStrike would lose any business given their massive outage. My friend argued that they’re such a market leader that they’d be just fine as there’s no comparable alternative.

They were right. CrowdStrike posted higher revenue than expected, raised its outlook for Q4 and had a 97% gross customer retention rate. 🤯

That is market dominance exemplified.

https://www.wsj.com/business/earnings/crowdstrike-raises-outlook-post-higher-revenue-amid-swing-to-loss-dde5cf9f