whose arc etfs lost more than NUMBER_TOKEN million dollars on their docusign positions the all-time chart of docusign stock is very telling more than half of the gains it made since its ipo in NUMBER_TOKEN were wiped out literally overnight in this video we'll go over what docusign does how they achieved so much success during the pandemic and why the stock price fell more than NUMBER_TOKEN on friday docusign produces a software solution that allows people to sign business and legal documents from a smartphone or computer this is very useful for large enterprises who have to sign formal documents on a daily basis imagine that you work at an insurance company every time you have to process an insurance claim you need to have policyholders sign documents if you have to go and meet with the policyholders in person this can take a huge amount of time and travel expenses thus docusign's easy to use online platform can save large companies millions of dollars per year by cutting out unnecessary travel costs and allowing their employees to focus on higher value activities from a technological standpoint one of docusign's biggest differentiators is their robust verification features they use picture verification of government-issued ids to make sure that people cannot fraudulently sign documents on behalf of someone else even if you're not signing important documents online just about everyone has sensitive information such as credit card and banking info stored online with cyber breaches becoming more and more common these days it's more important than ever to make sure your sensitive data and browsing history remain secure and confidential that's where our sponsor atlas vpn comes in atlas vpn allows you to remain anonymous by rerouting all of your internet traffic through an encrypted tunnel it defends against online snooping be it hackers governments or even your own internet service provider basically it masks your internet identity so nobody can track you or steal your data they have an honestly very good data breach monitor feature that tracks any data breaches that affect your internet accounts with this tool you can know when your accounts have been exposed in data breaches and change your passwords before someone steals something important like your bank info also atlas vpn masks your ip address which can protect you from censorship and other internet restrictions that's one of the most useful things about atlas for example many netflix movies and shows like rick and morty and brooklyn NUMBER_TOKEN aren't available in the us or other geographies with atlas vpn you can connect to the countries where these shows are available and unlock those shows right now they're running a limited time promo deal where you can get it for just one dollar and NUMBER_TOKEN cents a month and get the first three months for free when you sign up with my link in the description below they already have over NUMBER_TOKEN million users atlas did a lot to help pay for this video so if you buy their NUMBER_TOKEN-year deal you'll also be supporting this channel thank you docusign ipo'd in NUMBER_TOKEN with a valuation a little under NUMBER_TOKEN billion dollars wall street immediately fell in love with this new and innovative software company and for good reason their revenue grew rapidly as more and more customers want to sign up for their electronic service platform for the second calendar quarter of NUMBER_TOKEN through the first quarter of NUMBER_TOKEN their revenue grew at an annualized rate of NUMBER_TOKEN percent the company reported an operating loss in every quarter but investors were willing to overlook this given how strong their growth was in march of NUMBER_TOKEN the coronavirus pandemic
START_SPONSOR_TOKEN even if you're not signing important documents online just about everyone has sensitive information such as credit card and banking info stored online with cyber breaches becoming more and more common these days it's more important than ever to make sure your sensitive data and browsing history remain secure and confidential that's where our sponsor atlas vpn comes in atlas vpn allows you to remain anonymous by rerouting all of your internet traffic through an encrypted tunnel it defends against online snooping be it hackers governments or even your own internet service provider basically it masks your internet identity so nobody can track you or steal your data they have an honestly very good data breach monitor feature that tracks any data breaches that affect your internet accounts with this tool you can know when your accounts have been exposed in data breaches and change your passwords before someone steals something important like your bank info also atlas vpn masks your ip address which can protect you from censorship and other internet restrictions that's one of the most useful things about atlas for example many netflix movies and shows like rick and morty and brooklyn NUMBER_TOKEN aren't available in the us or other geographies with atlas vpn you can connect to the countries where these shows are available and unlock those shows right now they're running a limited time promo deal where you can get it for just one dollar and NUMBER_TOKEN cents a month and get the first three months for free when you sign up with my link in the description below they already have over NUMBER_TOKEN million users atlas did a lot to help pay for this video so if you buy their NUMBER_TOKEN-year deal you'll also be supporting this channel thank you END_SPONSOR_TOKEN