Value Investing Christopher Davis discusses value investing, Amazon, Google, the importance of cashflow and growth. |
- Christopher Davis discusses value investing, Amazon, Google, the importance of cashflow and growth.
- BAT-tered down - An informative article about BAT (4162.KL)
- Luckin Coffee short by Muddy Waters
- Updated stance on GameStop
- What's your valuation process?
- Question on Crowdfunding and the "Crowd Note" Security
| Christopher Davis discusses value investing, Amazon, Google, the importance of cashflow and growth. Posted: 01 Feb 2020 11:41 PM PST |
| BAT-tered down - An informative article about BAT (4162.KL) Posted: 02 Feb 2020 03:37 AM PST |
| Luckin Coffee short by Muddy Waters Posted: 01 Feb 2020 06:38 AM PST |
| Posted: 02 Feb 2020 02:34 AM PST My previous topic: [Link] My last work I wanted to express my stance on how GameStop had one last hurrah before holiday season. After getting some feedback from people here and other professionals, I realize that I grossly overstated GameStop's position and had tons of useless or needless information. This time I made it more concise and took a neutral stance. Less words, more diagrams. Tried to state how things were as opposed to making large assumptions. Feedback is appreciated. Next report will likely be on Funko. [link] [comments]  |
| What's your valuation process? Posted: 01 Feb 2020 07:54 AM PST |
| Question on Crowdfunding and the "Crowd Note" Security Posted: 01 Feb 2020 09:31 AM PST TL;DR is this security worth anything if the company remains independent? I've been looking at getting into equity crowdfunding via the Microventures platform. Through this service, startups sell something called a "crowd note", which is like a convertible note in that it represents a promise of equity, pending a "qualified equity financing" event, e.g. a certain threshold of fundraising (usually $1-2 million). However, unlike convertible notes, which must automatically convert to equity once the threshold is reached, crowd notes are converted by the company at its own option after the event. (See the template legal document.) Down the line, other events such as a merger, acquisition, or IPO of the company would force the crowd notes to automatically convert. (For a "major investor" who purchases 20,000ish+ crowd notes, qualified equity financing triggers conversion as with a regular convertible note. I'm not gonna be a major investor.) Anyway, my question: Am I right to think that, barring an acquisition of some kind, the company can indefinitely decline to convert crowd shares? Thus, if it becomes profitable on its own and begins paying dividends, small investors will see nothing? [link] [comments]  |
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