Coupang IPO: Valuation Insights
The $27-30 price range implies gross proceeds up to $3.6 billion and values Coupang at $46-51 billion. At the price range, Coupang is attractively...
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Wish IPO Valuation Analysis: Focus on Price Is a Double-Edged Sword
Our base case valuation of Wish is an implied price per share of $24.50 per share. This represents just a 2% upside to the high end of the IPO...
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ActivistTalk-Bed Bath & Beyond (BBBY US): Why We Think The Pandemic Won't Derail The Turnaround
In this insight, we provide an update on Bed Bath & Beyond (BBBY US) 's turnaround strategy and the impact the pandemic has had on its...
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IAC / ANGI 2Q20: Doubling Down
We have always enjoyed following IAC because we share a worldview with management about investing behind THE major secular trend in the world...
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TMT Weekly: 3 Things that Stood Out The Week of 6/​​​19/​​​2020
This week we highlight Shopify's compelling aggregation strategy, along with some thoughts on Instacart, Walmart, Oracle, and Slack. Obex’s...
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