[SpicyLemonZest]

Sure, but that isn't relevant to the IPO dynamics. Investors threw hundreds of millions at Zscaler, heavily subsidizing their growth, because they drew some charts saying they'd be profitable in the future. I'm sure that in 2014 you could have written an explainer about how suchandsuch Zscaler product is only competitive with Symantec because of VC money - or you could have written the reverse explainer, about how the Zscaler product isn't really competitive at all and they're duping people into using it using VC money and modern buzzwords. Both those genres are pretty popular about consumer-facing unicorns.

But it turned out the charts were right, and Zscaler is now profitable, although they still aren't making as much as investors at the all-time high expected.