If you had to pick a single pandemic stock, Square might have been it. A relatively counter-intuitive pick given the primacy of its offline card reader business, Square gained about $80B in market cap between February 2020 and February 2021. But where the rise is swift, so tends to be the fall. Square was no […]
Of all the changes brought on by the Covid pandemic, perhaps the least appreciated is the impact on what it means to be an information worker. Whereas the best tech talent migrated to the West Coast over the past four decades, that impetus has now been interminably kneecapped. In the past, the sheer inevitability of […]
Why Microsoft is a Better Bet to Win the Metaverse than Facebook The Quieter Announcement It was the name change heard round the world. When trillion-dollar Facebook announced its intent to rename itself to Meta, suddenly interest in the metaverse exploded. Aided by a strong media tour from Mark Zuckerberg through tech’s foremost influencers – […]
What if I told you there was a public SaaS company growing at >60% per year, more than twice the growth rate of its peers, that spends more on product development than sales & marketing? This same company has more than 7x’d its enterprise value since IPO. Lined up against the other best SaaS companies […]
PayTM, now IPO-ing, digitized payments for 333M Few apps change how an entire nation behaves. PayTM can claim to have done so by helping India digitize its payments. 11% of India’s 1.38B people have paid with PayTM in the last 12 months. As many people have PayTM wallets as live in America. Behind any such […]
12 lessons on building for web3 from crypto’s #1 DEX Uniswap is, in my opinion, the most interesting company in decentralized finance (DeFi). Already the leading decentralized exchange (DEX) by market share last year, it survived the infamous SushiSwap “vampire attack,” and has continued to release noteworthy product innovations since, including becoming a decentralized autonomous […]
Today, an all star consortium of investors announced a $100M fund dedicated to Solana gaming. This is a big deal. It can kickstart blockchain gaming on Solana significantly. The investors, including FTX and Lightspeed, represent the cream of the crop in crypto investing. Here are three of the top Solana gaming companies to watch. Faraway […]
Nissan Deliveries 2020 – 4.1M. Market Cap – $20B. Kia Deliveries 2020 – 2.6M. Market Cap – $30B. Hyundia Deliveries 2020 – 3.7M. Market Cap – $44B. Rivian Deliveries 2020 – 0. IPO Market Cap – $55B A breakdown of the 4th largest IPO ($RIVN) of the decade: THE RIVIAN STORY FOUNDING. The story begins […]
This Softbank backed Indian InsurTech play is going public – shouldn’t you know the story? Last year alone, it recorded 126 million unique visits to its website. The Story of PolicyBazaar A successful IIT, IIM, Insead, and Bain alumnus, Yashish Dahiya knew his way around financial statements. So, when he was going through his father’s […]
In 2012, Tim Brown retired after 6 years as a professional soccer player. Today, his company IPOs for over $2B. What a story. Stick around for an IPO valuation analysis at the end. The Allbirds Story Post retirement, Tim went to the LSE. Then he met his co-founder. Joey Zwillinger had graduated from Wharton MBA […]