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TEAMBULLISHFLIPPEDTHE TWENTY MINUTE VC · BEARISH IN JULY → BULLISH IN AUGUST

Atlassian's operational turnaround rewarded by market

The case made was that Atlassian's stock pop demonstrated that software companies can be rewarded if they get fundamental execution back on track.

THE TWENTY MINUTE VC CHANGED ITS VIEW

BEARISH FOR 4 WEEKS, THEN THE TURN
THEN13 JUL · BEARISHDeveloper-centric software platforms face greater structural risk from AI disruption than non-technical SMB platforms because their core users are best positioned to build custom AI replacements.NOW13 AUG · BULLISHThe case made was that Atlassian's stock pop demonstrated that software companies can be rewarded if they get fundamental execution back on track.

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