The company’s set for steady long-term double-digit growth, but it will never likely see enormous growth.
DigitalOcean Holdings (DOCN 0.91%) isn’t exactly a household name. However, neither were Amazon and Apple in their infancy. Both grew to be trillion-dollar companies anyway, richly rewarding investors with the foresight to see what each name would eventually become.
Is DigitalOcean going to follow in their footsteps, turning relatively small stakes in the company now into million-dollar positions later? Keep reading.
What’s DigitalOcean Holdings?
If you’re not familiar with the company — and most people aren’t — DigitalOcean offers a range of cloud computing services. It obviously competes with Microsoft, Alphabet’s Google, and the aforementioned Amazon on this front.
It’s different from those other players, however. Whereas Alphabet and Amazon are big companies serving big…