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Background and overview

DigitalOcean (NYSE:DOCN) makes cloud computing less complex. The company describes itself as a cloud infrastructure provider. In reality, the company is distributing cloud computing power among a variety of small and large developers. There are multi-billion dollar companies like GitLab (NASDAQ:GTLB) who use DigitalOcean and small startups like the autonomous driving startup Ghost. Overall, I like the future of the company and I think there are a multitude of customers they can serve around the world. With increased investor confidence and growth, Digital Ocean can continue to grow into an international player, providing developers anywhere with the lowest cost of cloud computing access. The company’s pursuit, in my opinion, is noble and I have no problem supporting it. By decentralizing cloud computing, the company is helping to introduce a new standard of technology that companies are offering to consumers. Overall the value is …

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