Daily BriefsUnited States

Daily Brief United States: S&P 500 INDEX, MNTN and more

In today’s briefing:

  • Global Markets: Why This Sell-Off Is Different. UPDATE
  • MNTN IPO Preview: Fidelity-Backed Category Creator of Performance TV, Watch This Offering Closely


Global Markets: Why This Sell-Off Is Different. UPDATE

By John Ley

  • We revisit key cross-asset signals as traditional safe havens fail to respond in familiar ways.
  • The past 8 days have delivered a combination of asset moves with few, if any,  historical parallels.
  • With trust in U.S. safe haven assets under pressure, we explore emerging themes and ramifications.

MNTN IPO Preview: Fidelity-Backed Category Creator of Performance TV, Watch This Offering Closely

By Andrei Zakharov

  • MNTN, Inc. (pronounced “mountain”), leader in OTT advertising software and first mover of PTV in the United States, filed to go public.
  • Founder-Led adtech company was backed by Fidelity, BlackRock, Greycroft, SV Angel, Qualcomm Ventures, and Baroda Ventures, among others.
  • I like the company’s leadership position,  high growth, FCF positive business and $60B+ near-term market opportunity centering around SMBs in the United States.

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