Clouded Judgement

Jamin Ball’s weekly on cloud software — public comparables, EV/NTM revenue multiples and the occasional single-company deep dive. The recurring value is the multiples table: in early 2021 a median 47.2x EV/NTM revenue at ~29% growth, splitting hard at the 30%-growth line (19.8x below, 53.6x above).

This is the newsletter, not one issue. The Roam page held several issues stacked together; each has been split into its own long-read so it carries its own date, URL and notes, which is what makes them findable. This page is the index.

Issues captured

• Figma - Worth the Hype- Absolutely — 2021-02-08
• Clouded Judgement 2.5.21 — 2021-02-05
• Data Observability- The Next Monitoring Frontier — 2021-02-01

Verbatim source notes — restored from Roam, 2026-09-21

• The concept of monitoring key businesses process has existed for quite some time. Network teams use Solarwinds, Riverbed or Cisco. Application teams use New Relic, AppDynamics or SignalFX. Infrastructure teams use Datadog ($DDOG), Dynatrace or Elastic. And recently we’ve seen all of these monitoring “point solutions” merge together to offer a single observability platform. Companies like Datadog ($DDOG) now have solutions for network, application and infrastructure monitoring, and have also layered in logging.
• Data Observability: The Next Monitoring Frontier - February 1st, 2021 Data Observability #Data
• Clouded Judgement 2.5.21 - February 5th, 2021
• Figma - Worth the Hype? Absolutely - February 8th, 2021 #Figma