Offshore
Photo
Stock Analysis Compilation
Alphyn Capital Management on Prosus NV $PRX NA
Thesis: Prosus NV is poised for long-term growth driven by its ambitious e-commerce strategy and continued profitability, despite vulnerabilities linked to Tencent and broader market sentiment surrounding China.
(Extract from their Q4 letter)
tweet
Alphyn Capital Management on Prosus NV $PRX NA
Thesis: Prosus NV is poised for long-term growth driven by its ambitious e-commerce strategy and continued profitability, despite vulnerabilities linked to Tencent and broader market sentiment surrounding China.
(Extract from their Q4 letter)
tweet
Offshore
Photo
Startup Archive
RT @foundertribune: "Start making something" by @jasonfried & @dhh https://t.co/pRKy8gu1aF
tweet
RT @foundertribune: "Start making something" by @jasonfried & @dhh https://t.co/pRKy8gu1aF
tweet
Offshore
Photo
Startup Archive
"Stanley Kubrick gave this advice to aspiring filmmakers: 'Get a hold of a camera and some film and make a movie of any kind at all.' Kubrick knew that when you’re new at something, you need to start creating. The most important thing is to begin."
tweet
"Stanley Kubrick gave this advice to aspiring filmmakers: 'Get a hold of a camera and some film and make a movie of any kind at all.' Kubrick knew that when you’re new at something, you need to start creating. The most important thing is to begin."
"Start making something" by @jasonfried & @dhh https://t.co/pRKy8gu1aF tweet
Offshore
Photo
Quiver Quantitative
This might end up being one of our more well-timed reports.
We noticed Congress selling stock in a Canadian pipeline company last month.
We posted this in early January: https://t.co/cb23ncKVEb
tweet
This might end up being one of our more well-timed reports.
We noticed Congress selling stock in a Canadian pipeline company last month.
We posted this in early January: https://t.co/cb23ncKVEb
tweet
Offshore
Photo
Quiver Quantitative
Representative Tim Burchett just said:
"We need to eliminate members of Congress from trading individual stocks."
We have not seen Burchett buy any stocks while in Congress.
He doesn't even hold any individual stocks in his portfolio. Just one ETF, and a couple mutual funds. https://t.co/3nLPY7gq8F
tweet
Representative Tim Burchett just said:
"We need to eliminate members of Congress from trading individual stocks."
We have not seen Burchett buy any stocks while in Congress.
He doesn't even hold any individual stocks in his portfolio. Just one ETF, and a couple mutual funds. https://t.co/3nLPY7gq8F
tweet
Offshore
Video
App Economy Insights
📊 Earnings season visualized.
What surprised you this month?
Grab the latest report!👇
https://t.co/h5hegFpbh4 https://t.co/4MS1GpooGi
tweet
📊 Earnings season visualized.
What surprised you this month?
Grab the latest report!👇
https://t.co/h5hegFpbh4 https://t.co/4MS1GpooGi
tweet
Offshore
Photo
Stock Analysis Compilation
Laughing Water Capital on Thryv Inc. $THRY US
Thesis: Thryv Inc. is a fast-growing small and medium business software company poised for significant market appreciation due to strong execution, impressive year-over-year customer growth, and positive financial metrics despite recent challenges with equity financing.
(Extract from their Q4 letter)
tweet
Laughing Water Capital on Thryv Inc. $THRY US
Thesis: Thryv Inc. is a fast-growing small and medium business software company poised for significant market appreciation due to strong execution, impressive year-over-year customer growth, and positive financial metrics despite recent challenges with equity financing.
(Extract from their Q4 letter)
tweet
Offshore
Video
Startup Archive
Tobi Lutke explains what the VCs who passed on Shopify got wrong
Tobi recounts pitching Shopify to VCs on Sand Hill Road a few years after founding Shopify.
Investors passed because they thought the addressable market was too small. At the time, there were about 40,000-50,000 online stores, and even if Shopify captured 50% of the market, that still wouldn’t be a venture-scale business.
When Tobi ran into the VC partner a few years ago, the partner asked Tobi what he missed (Shopify is valued at almost $100 billion today).
Tobi explained:
“You were actually correct, but what you didn’t realize was that Shopify was the solution to the very problem you identified. The reason there was only 40,000 online stores was because it was hard, expensive, and everyone who tried ran into all these brick walls of complexity, which Shopify, one after another, smoothed over and made simple to do.”
Tobi believes this is a common mistake:
“What a lot of free-market thinkers don’t understand is that between the demand and eventual supply lies friction. And I actually think that friction is probably the most potent force for shaping the planet that people just generally do not acknowledge… That was my theory when I turned my snowboard store into Shopify: there was a lot more people like me except there was too much friction which we needed to solve. And Shopify has proven out that every time we make the process simpler, there’s more consumption. At this point, we have a million merchants on Shopify, which is a mind-blowing number. So friction is a major component, and it’s something that software is uniquely good at reducing.”
Video source: @danmartell (2019)
tweet
Tobi Lutke explains what the VCs who passed on Shopify got wrong
Tobi recounts pitching Shopify to VCs on Sand Hill Road a few years after founding Shopify.
Investors passed because they thought the addressable market was too small. At the time, there were about 40,000-50,000 online stores, and even if Shopify captured 50% of the market, that still wouldn’t be a venture-scale business.
When Tobi ran into the VC partner a few years ago, the partner asked Tobi what he missed (Shopify is valued at almost $100 billion today).
Tobi explained:
“You were actually correct, but what you didn’t realize was that Shopify was the solution to the very problem you identified. The reason there was only 40,000 online stores was because it was hard, expensive, and everyone who tried ran into all these brick walls of complexity, which Shopify, one after another, smoothed over and made simple to do.”
Tobi believes this is a common mistake:
“What a lot of free-market thinkers don’t understand is that between the demand and eventual supply lies friction. And I actually think that friction is probably the most potent force for shaping the planet that people just generally do not acknowledge… That was my theory when I turned my snowboard store into Shopify: there was a lot more people like me except there was too much friction which we needed to solve. And Shopify has proven out that every time we make the process simpler, there’s more consumption. At this point, we have a million merchants on Shopify, which is a mind-blowing number. So friction is a major component, and it’s something that software is uniquely good at reducing.”
Video source: @danmartell (2019)
tweet
Offshore
Video
Startup Archive
RT @mikemcg0: "Friction is probably the most potent force for shaping the planet that people just generally do not acknowledge"
- Tobi Lutke, founder of Shopify
tweet
RT @mikemcg0: "Friction is probably the most potent force for shaping the planet that people just generally do not acknowledge"
- Tobi Lutke, founder of Shopify
Tobi Lutke explains what the VCs who passed on Shopify got wrong
Tobi recounts pitching Shopify to VCs on Sand Hill Road a few years after founding Shopify.
Investors passed because they thought the addressable market was too small. At the time, there were about 40,000-50,000 online stores, and even if Shopify captured 50% of the market, that still wouldn’t be a venture-scale business.
When Tobi ran into the VC partner a few years ago, the partner asked Tobi what he missed (Shopify is valued at almost $100 billion today).
Tobi explained:
“You were actually correct, but what you didn’t realize was that Shopify was the solution to the very problem you identified. The reason there was only 40,000 online stores was because it was hard, expensive, and everyone who tried ran into all these brick walls of complexity, which Shopify, one after another, smoothed over and made simple to do.”
Tobi believes this is a common mistake:
“What a lot of free-market thinkers don’t understand is that between the demand and eventual supply lies friction. And I actually think that friction is probably the most potent force for shaping the planet that people just generally do not acknowledge… That was my theory when I turned my snowboard store into Shopify: there was a lot more people like me except there was too much friction which we needed to solve. And Shopify has proven out that every time we make the process simpler, there’s more consumption. At this point, we have a million merchants on Shopify, which is a mind-blowing number. So friction is a major component, and it’s something that software is uniquely good at reducing.”
Video source: @danmartell (2019) tweet