A Bubble? Other Ways to See Market Value
The idea that we are in a market bubble is repeated constantly. Both public and private tech companies have been raising money at incredible valuations. Read on to know our take on whether this bubble exists.
Online Marketplaces: Great Internet Enabled Business Models
The most durable, self-sustaining and valuable marketplaces connect consumers, suppliers and realign themselves as the clearinghouse in a transaction, reducing friction and increasing scale for both sides. We look at some key characteristics of successful online marketplace models.
Facebook is not as bad as some think
The profound impact FB has on society by creating and fostering opportunities for small businesses to efficiently and cheaply get their products discovered by consumers is often overlooked.
Getting Paid to Borrow, Negative Real-Yields, the New Reality for U.S. Corporations
A new phenomenon emerged in the credit market in early December, real-yields on investment-grade bonds turned negative for the first time in history. The setup will likely skew incentives for corporations in managing their capital structures.
Digital businesses, data advantages and the generation of real options
Many structural winners today enjoy embedded real options in their business models that did not appear on their financial statements but significantly altered the direction of their futures. In this article, we look at some examples of real options in digital businesses.
The GME Saga
Just like any hot stock that disconnects from fundamentals in an extreme way, it becomes a ticking time bomb before it crashes back down to reality. It’s unclear where the GameStop stock will trade over the coming days and months, but trees don’t grow to the sky.
Dirt cheap high-quality growth
In a world of many high-flying, high-multiple, profitless tech stocks, it is rare these days to find genuine earnings growth at dirt cheap prices. And yet, the world’s leading alternative asset managers appear to offer investors exactly this.
Will this new Game ever Stop?
GameStop was one of a number of stocks identified on Reddit as being highly-susceptible to a short-squeeze. In the month of January 2021, GameStop (NYSE: GME), increased by more than 1,600%, from $19 to $325 per share.
Quarterly Letter: Q4 2020
In this quarterly update, Chris Demasi, Montaka’s Portfolio Manager reflects upon the new era ushered in by the coronavirus pandemic. This change has created enormous opportunity to invest meaningfully in advantaged digital winners with predictable and growing revenues and profits.
Internet freedom vs regulation
The unprecedented actions by private internet companies to deplatform President Trump following the U.S. Capitol riots highlight the predicament of free speech vs content moderation and may have lasting implications for the global internet.
