The Puritans of Storage

Pure Storage [NYSE:PSTG] priced at $17,  above their proposed price range $14-16 price range. It's clear they have a great story and management team with revenue growth numbers that speak volumes, at scale. After doing $6M in 2013 we see them doing about $175M this year. It's a rocket ship on the top line.

Those of you familiar with the storage market may be wondering what's so special about Pure. After all some of their predecessors like Fusion-io (FIO now part of SNDK), Nimble Storage (NYSE: NMBL) and Violin Memory (NYSE: VMEM) have been . . .