I update the slide with 4Q20 data in latest S1. Direct listing of Roblox will be interesting because market appetite has shifted in last two weeks and the underlying business of Roblox seems to be normalizing this year based on company's expectation (conservative?). Roblox has strong cash flow and just raised a private round so … Continue reading Roblox – Updated Charts
Tag: UGC
Roblox – Charts
đź’ˇ 1) Charts supplement to Roblox - IPO Note 1; 2) Slides pdf here Recommended- Garena Free Fire - Initiation- XD Inc.'s TapTap- Some Thoughts about Gaming
Pinterest – Initial Model
Pinterest (PINS.US) [October 19, 2019] Initial Model Download the work-in-progress model in excel here to play around 🙂 It's been a while since I put together initial analysis and deck skeleton on Pinterest. However, I have some difficulties to convert my thesis (particularly business development and competition) into numeric assumptions and found it's not easy … Continue reading Pinterest – Initial Model
Pinterest – Deck Skeleton
Pinterest (PINS.US) [August 21, 2019] Deck Skeleton or pdf download: here
Pinterest – Initial Analysis
Pinterest (PINS.US) [August 14, 2019] Initial Analysis [0] Analysis Background | Approach Selection While Pinterest has been a listed company since April this year, it is still in early stage and is more like a pure play of something. If you think runway left is enormous, a bottom up approach to follow the company increases … Continue reading Pinterest – Initial Analysis
Mercari (4385.JP) – Note on Category Deepening, Product Enhancement & Marketplace Stickiness
Mercari (4385.JP) [December 25, 2018] * Note on Category Deepening, Product Enhancement & Marketplace Stickiness * Following series posts on Mercari (initial analysis, withdrawal from UK) and its related topics (network effect and digital payment service), this notes examines Mercari recent marketplace deepening/expansion/enhancement initiatives and also does an ideation exercise on user generated content (UGC). The UGC … Continue reading Mercari (4385.JP) – Note on Category Deepening, Product Enhancement & Marketplace Stickiness
Google Local Guides
I mentioned UGC the other day and then I got invite from Google Map again to become one of their local guides. I think as long as you post or review something on Google Map, it will try to convert you to become a local guide by sending invite to your gmail account. I used … Continue reading Google Local Guides