Nuance Communications currently sells for 21 times enterprise value. In this video, Andrew Tonner highlights some risks for this classic growth company:

  • Competition from big players, including Google and Microsoft.
  • The potential for dilution, as Nuance has grown through acquisitions.
  • The threat that small start-up companies are almost certainly going to be entering the market, hoping to offer the next "best in the business" technology.

Check out the video for more details.