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He went to Duke University and just couldn't see himself in Silicon Valley. He met Yext's chief operating officer, Tom Dixon, in middle school. He still remembers the day Dixon brought a Pentium chip to class. It was the beginning of a long friendship, fused with a common love of tech. They wanted to push their creative juices. Yext is one of five companies Lerman has founded so far. It's basically a 21st Century version of the phone book Yext actually stands for "next Yellow pages.
Yext provides the software for companies to update their information on all of those sites with one click. But for all its success, the company still isn't profitable. Like many young tech companies, there's still a lot of risk about how much Yext will grow in the coming years and whether it will be able to generate bigger sales. Yext has over employees with offices in the U. Lerman speaks German and is currently learning Chinese, perhaps foreshadowing Yext's next move. Related: Silicon Valley kicks off fight on net neutrality.
Cash from those deals is already rolling in and sending the stock price higher. We think this company is strikingly similar to an early Amazon. The company already has hundreds of thousands of small-business customers and recently scored profitable deals with massive partners like Facebook and Amazon. This amazing company has put together an incredible string of successes since its IPO and the market has rewarded early investors.
This report is FREE to you, and I urge you to take this step toward controlling your financial future by listening to why this stock could produce Amazon-like returns for investors just like you.