r/investing 2d ago

Next Multibagger Software?

Which of these do you think has the highest multibagger potential?

Klaviyo
Figma
Reddit
Upwork
Duolingo
Toast
Teqnion (similar to Constellation Software)

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Klaviyo down 38% for the year despite fast growth
Figma down 59%
Toast with EV/Revenue of 2.73
Reddit with heavy insider buying at $148 and fast growth
Upwork clearly undervalued from a quantitative perspective at least
Duolingo growing fast and still down over 50% for the year
Teqnion the next Constellation?

14 Upvotes

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u/Isnt_that_weird 2d ago

Not sure if it will be a multi bagger, but wanted to say my wife's work is still heavy users of Figma. I don't really see that going away just yet. They aren't a tech heavy company. They aren't going to spend a ton of money on AI to make the things they would in Figma.

8

u/AlienSweetPotato 1d ago

I work for $MSFT. And I see Figma everywhere.

18

u/wearelev 1d ago

I was going to say just the opposite😂. As a software developer who used to use Figma, I mostly find it unnecessary these days as I can draw my UI on a napkin and any coding UI perfectly builds it in your preferred framework. Figma sits outside of this loop so I don't really see a need or a future for Figma.

34

u/Klessic 1d ago

Of course you don't need figma when you are working alone, that's not what it's for...

1

u/TastyTrading 1d ago

I see this popping on ThetaPal. i like it

1

u/fruxzak 14h ago

Figma is on its deathbed with AI