Confluent Inc (NAS:CFLT)
$ 26.5 -1.06 (-3.85%) Market Cap: 8.69 Bil Enterprise Value: 8.29 Bil PE Ratio: 0 PB Ratio: 9.66 GF Score: 57/100

Confluent Inc at William Blair Growth Stock Conference Transcript

Jun 06, 2023 / 01:00PM GMT
Release Date Price: $36.93 (+4.20%)
Unidentified Company Representative

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Steffan C. Tomlinson
Confluent, Inc. - CFO

Good morning, everyone. (inaudible) a handful of slides giving you an overview of what Confluent does, and then I'll turn it over to Jason for Q&A.

So I'm Steffan Tomlinson, CFO.

When we look at the lineage of Confluent, it really starts with, like, the 3 [engineers] that blends in what we're trying to [do]. So our (inaudible) founders starting with [JPac] was financial [advantage] trying to run their business in real time. And what happened was there was no software that existed that enabled all the applications and databases of what -- really didn't have data to be exchanged across (inaudible). It became a real problem, and they were able to withstand the overall environment (inaudible) software, so they had to bring a code (inaudible) called Kafka. And Kafka was all (inaudible) released to the wild in the [legal resource] foundation and became 1 of the most successful (inaudible) products (inaudible). Over 150,000 organizations use Kafka to

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