The Datto (MSP) IPO is this week and the current range is $24-27. The deal is expected to price and trade well based on early indications.
Positioning in a Nutshell
There are a few things that make Datto different from other cloud IT companies:
- Datto is going after a very specific segment - SMB customers who are large enough and reliant enough on technology to require the services of a managed service provider (MSP) to help them with their IT. There is a giant chasm between large enterprise solutions . . .