Profits vs. Growth: What X, Deel & Clay Are Teaching Us

Hey everyone, welcome back to the show! Last week, our report and podcast on the state of private markets went absolutely bonkers. So, we’re building on that momentum today and giving you even more private tech company headlines.The goal? By the end of this episode, you’ll feel like you have a backstage pass to the best companies before they hit the public markets—and you’ll sound like the smartest person in the room next time you’re talking to colleagues (hopefully not over Microsoft Teams, because let’s be real, that thing sucks). Honestly, the U.S. government should ban Teams before they ban TikTok. But I digress.A lot happened in the tech market this week when it comes to valuations, efficiency metrics, and overall financial performance, so let’s get into it.* X (Formerly Twitter) Profits Surge, But Revenue Tells a Different Story* Deel’s Breakneck Growth and Market Positioning* Clay’s Valuation Jump Raises Eyebrows in the Data SpaceHit subscribe, share this with your favorite estranged family member, and give us five stars (it would mean a lot to me).mostlymetrics.com This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit cjgustafson.substack.com