i am a bit concerned re competition the valuation of this stock...

i am a bit concerned re competition
the valuation of this stock implies very little competitors

actually its a highly competitive market ,with new startups joining each year

http://extranetevolution.com/2016/09/buildbinder-cims/

Watching the US Software-as-a-Service construction collaboration space, I recently discovered another startup – San Francisco, California-based BuildBinder – targeting the construction project management sector.

BuildBinder has entered a competitive market – even just in its US home state. California is already home to EADOC, expanding since its acquisition by Bentley Systems in March 2015, Corecon (post), SkySite (post), Procore (post), and the well-funded Plangrid, now being courted by collaborators such as Newforma (post), while the global SaaS construction market leader Aconex has its US head office in the state.

http://extranetevolution.com/2016/10/saas-budget-management-with-budget4cast/

Launched in the US at the recent Construction Management Association of America (CMAA) conference in San Diego, California, is a new cloud-based project budget management application, Budget4cast.