Best business in the world? How about a provider of a service that absent of which the business stops functioning entirely and only charges a small fraction of the overall cost base for it? Add in …| Speedwell Research
A tech conglomerate with a leading industry position in no fewer than 8 industries with revenues growing ~20% and trading at 24x earnings excl. investments, Tencent is the company you would have tried to create if you had a crystal ball in China in 1998. But Tencent didn’t need a crystal ball because they had … Continue reading "Tencent Deep Dive"| DJY Research
“nanos gigantum humeris insidentes” Over the years, I’ve had the opportunity to meet a number of the Giants whose shoulders I stand upon. All of them made a lasting impact. Stan D…| Kinetic Energy Ventures
Investors, Founders, and Operators (IFOs)| aletteraday.substack.com
Alibaba today is a bit of an enigma with investor trepidation stemming from both inadequate competitive moats and fears that regulators could curtail this “monopoly.” Adding to the confusion, Alibaba likely houses more billion-dollar businesses than any other company. The fear of competition is real though: PDD is gaining share on lower end commerce, JD.com … Continue reading "Alibaba Deep Dive"| DJY Research
Partner at Benchmark and Partner at Coatue | The Investor Perspective: From Start to Scale| aletteraday.substack.com
Partner at Sequoia & Senior Advisor at Sequoia Heritage and Founding Partner of Visionaries Club | A Conversation with Sir Michael Moritz| aletteraday.substack.com
Edit: Please check out our most recent deep dive, a 24,000 word report on Alibaba! Hi! Thanks for checking us out at DJY Research. Every month, we will do a deep dive on an Asian equity. If you like our research, please subscribe. This is our second report and final free sample. Next month, only … Continue reading "Sea Limited"| DJY Research
Senior Steward at Sequoia Capital & CFO of PayPal and Partner at Benchmark & Thrive Capital | Sequoia's YouTube Investment Memo and Miles' Note on Roelof's Memo| aletteraday.substack.com
The polymath making venture adventurous again| cloudvalley.substack.com
Or how the House of Mouse set sail for a brighter future.| cloudvalley.substack.com
From a money-losing retail mall concept that sold gimmicky mayonnaise spreaders, garden gnomes, and nostalgic snack foods to elaborate six-floor luxury furniture showrooms with some of the highest …| Speedwell Research
For our latest research report, we chose to cover Floor & Decor (FND, ~$8bn market cap). If you take Costco and mix it with Sherwin Williams and focus on just the hard surface flooring market, …| Speedwell Research
The enlightenment of an iconoclast| cloudvalley.substack.com
One of the world’s most influential tech companies, and just one of a handful businesses to ever reach a trillion-dollar valuation, Meta’s family of apps have achieved ubiquity on an unprecedented …| Speedwell Research
