Samuel Tolomei
Growth, tech, small-cap, long/short equity

Cvent - Strange Name, Great Financials, Cloudy Valuation

In business, one of the greatest coups a company can pull off is convincing the market it needs to solve a problem it didn't know it even had. Listerine convinced the world they had bad breath and needed to solve it in the 1920's. Apple (NASDAQ:AAPL) convinced us all that we needed a tablet to go with our laptop and smart phone in 2010. And right now, Cvent (NYSE:CVT) is convincing businesses that they need a meeting management platform, and customers are flocking in droves, generating Cvent's current market cap of just over $1 billion. However, this valuation is actually about 24% down from its IPO in August of 2013, and when one looks further under...

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