thegraywolff

A brief gallivant about the marketplace of ideas.

Tag: Eventbrite (EB)

Read : 2020-04-22

Today’s selection of articles:

  1. The federal fisc” by Karen Dynan & Douglas Elmendorf (Harvard Magazine, 2020-05).
  2. Will truth prevail?” by Drew Pendergrass (Harvard Magazine, 2020-05). “What is truth?” –Pontius Pilate
  3. Eventbrite: Global shutdowns will inflict heavy damage” by Gary Alexander (Seeking Alpha, 2020-04-22).

Read : 2019-08-15

Today’s selection of articles:

  1. New proof settles how to approximate numbers like pi“, by Kevin Hartnett (Quanta Magazine, 2019-08-14). A proof of the Duffin-Schaeffer conjecture.
  2. Finally, a Christmas rom-com that doesn’t look terrible“, by Christian Allaire (Vogue, 2019-08-14).
  3. Eventbrite: Not a turnaround yet“, by Gary Alexander (Seeking Alpha, 2019-08-14).
  4. The stock and bond divide“, by Real Vision (Seeking Alpha, 2019-08-06).

Read : 2019-03-13

Today’s selection of articles:

  1. The growth mindset problem“, by Carl Hendrick (Aeon, 2019-03-11). Research-style “interventions” fail to reproduce lab results in the classroom. The author concludes that the growth mindset might be better as philosophy than intervention, better as an implicit mores than an explicit slogan. Might Dweck et al. not reply, “Duh!”?
  2. Bribe styles of the rich and famous” (The Economist, 2019-03-13). Wow. The article hits the nail on the head when it bemusedly notes that there are legal, albeit more expensive, means of achieving the same results, “which for some reason generat[e] less [public] outrage”.

In investing (as always, take others’ analysis critically):

  1. 3 tech stocks to sell in March“, by Tezcan Gecgil (Investor Place, 2019-03-12). Analysis of Netflix, PayPal, and Snap.
  2. Eventbrite: Turning cautious after multiple red flags emerge“, by Gary Alexander (Seeking Alpha, 2019-03-13). Analysis of some depth, despite misspelling the CEO’s name.

Read : 2019-02-21

Today’s selection of articles:

  1. Echoes of 1969“, by Richard Hyland (Harvard Magazine, 2019-03/04).
  2. A look at the intrinsic value of Eventbrite, Inc.“, by Erna Eldridge (Yahoo Finance, 2019-02-12).
  3. Is Eventbrite stock a buy?“, by Brian Stoffel (The Motley Fool, 2019-02-16).

Read : 2018-10-24

Today’s selection of articles:

  1. Saudi Arabia says Jamal Khashoggi was killed in consulate fight“, by Ben Hubbard (NY Times, 2018-10-19). The international community is dubious.
  2. Cherries bloom early across Japan after major typhoon” (Asahi Shimbun, 2018-10-18).

A selection of articles on investing:

  1. PayPal: Always a safe bet“, by Gary Alexander (Seeking Alpha, 2018-10-19).
  2. Tesla launches new $45,000 Model 3” (Reuters, 2018-10-18).
  3. Why Citron is wrong on Tesla“, by Anton Wahlman (The Street, 2018-10-23).
  4. Should investors Square up?“, by Michael Henage (Seeking Alpha, 2018-10-24).
  5. Eventbrite: Deep dive into a terrific, battered IPO“, by Gary Alexander (Seeking Alpha, 2018-10-24). Note that the author is long EB.

Bonus #1: Assorted notes by Ben Lynn (math, computer science, etc.).

Bonus #2: Sweet phrase: “garbage sauce” (Urban Dictionary).

Investing — 2018-10-04

Today’s selection of articles:

  1. How to build a revenue model: A step-by-step guide“, by Avadhut (Finance Walk, ????).
  2. Too much goodwill: A red flag for your portfolio“, by Sam McBride (New Constructs, 2015-07-01). As I understand it, the key risk of goodwill (e.g., the amount a company overpays in an acquisition) is that it’s an estimated “value” to the company itself that could be adjusted (down) at any point.
  3. Economic earnings” (New Constructs, ????). A better measure of a company’s earnings than the typically reported accounting earnings.
  4. What you need to know about Eventbrite’s IPO“, by David Trainer & Great Speculations (Forbes, 2018-09-20). The best analysis I’ve seen of Eventbrite’s (EB) financial statements to date. Some analysis is extremely bearish: In one case, a current share price of $4 per share is estimated. (This assumes 20% annual revenue growth; for comparison, from 2016 to 2017, EB’s revenue growth was just over 50%, according to their S-1.) The article does a great job clarifying the implications (and accuracy) of EB’s content creators, acquisitions, and free cash flow.

Read — 2018-10-03

Today’s selection of articles:

  1. Amazon sets $15 minimum wage for U.S. employees, including temps“, by Bill Chappell, Laurel Wamsley (National Public Radio, 2018-10-02). Props to Bezos and Amazon for taking care of its workers and its shareholders. Though AMZN is down in the days since this news, I believe it will be long-term beneficial for the company. It will be November-1-term beneficial for its workers.

    We listened to our critics, thought hard about what we wanted to do, and decided we want to lead.
    –Jeff Bezos, CEO of Amazon

  2. In praise of mediocrity“, by Tim Wu (NY Times, 2018-09-29). Wu’s encouragement, that we don’t have to be great at our hobbies, may seem at variance with how we conduct ourselves in other facets of life. What I would argue is that we should feel no expectation to be immediately great at our hobbies. (Disclaimer: If you use social media, you may very well feel such expectation.) If we enjoy it, keep at it, and focus on the enjoyment and improvement, not on how far you are from someone else. Odds are, if we keep at it, and have positive motivation, soon enough we’ll become fairly good. Maybe even great. Whatever that means.
  3. The first ‘social network’ of brains lets three people transmit thoughts to each other’s heads“, by Emerging Technology (MIT Technology Review, 2018-09-29).
  4. Uber Eats and the $6 billion bookings run rate: The AI success story no one is talking about“, by VB Staff (Venture Beat, 2018-10-02). The role of AI — and data sharing among Uber’s various ventures — in building business.
  5. America’s missing labor party“, by David Sessions (The New Republic, 2018-10-03). The article’s author uses Erik Loomis’s new book, “A history of America in ten strikes”, to briefly discuss the history of the U.S. labor movement.

    For most of American history, politicians and courts have given employers nearly unrestricted control over the terms of work, and they have offered the resources of the state—above all, the military and police—to enforce those terms.

    This next quote evokes sentiments expressed during recent teacher strikes in the U.S.:

    American labor militancy has always been about more than pay, with workers seeking respect and fairness in the workplace.

Selected articles on investing:

  1. Stitch Fix shares tank after sales miss, but analysts remain bullish“, by Tonya Garcia & Ciara Linnane (Market Watch, 2018-10-02).
  2. Eventbrite: What’s the upside from the IPO price?“, by David Krejca (Seeking Alpha, 2018-10-02). Note that the author owns shares of Eventbrite (EB). The analysis in this article seems limited to a digest of Eventbrite’s Form S-1 and a simple revenue-growth model that assumes constant 50% growth (EB’s year-over-year growth rate from 2016 to 2017) for the next three years.
  3. Is Eventbrite a buy?“, by Brian Feroldi (The Motley Fool, 2018-09-26). This article appears to focus on heuristics and thought experiment. (E.g., “Does it seem like content creators are sticking with the platform? Yes, it seems like they might be.”) While the article concludes that Eventbrite does not carry risk of excess customer concentration (“No single customer accounted for more than 10% of revenue or accounts receivable in the last three years”), it’s worth noting that 5% of content creators account for 46% of Eventbrite’s revenue (see here). (These 5% of content creators also happen to be non-self-referred, i.e. Eventbrite pays for advertising to attract.) I would contend the risk associated with excess customer concentration indeed exists for Eventbrite.
  4. Tesla wavers amid report James Murdoch floated to replace Elon Musk as chairman“, by Martin Baccardax (The Street, 2018-10-03).
  5. The 5 biggest investing mistakes I’ve ever made“, by Brian Feroldi (The Motley Fool, 2018-09-23). Reviewing your past performance to improve your future performance is a good exercise.

Read — 2018-09-27

Today’s selection of articles:

  1. On Dr. Christine Blasey Ford’s indelible memory, and the laughter of men“, by Bridget Read (Vogue, 2018-09-27).
  2. New claims add fuel to showdown over Supreme Court nominee Brett Kavanaugh“, by Rebecca Ballhaus & Aruna Viswanatha (Wall Street Journal, 2018-09-27).
  3. Learning about teaching now“, by John S. Rosenberg (Harvard Magazine, 2018-09-24). Among other things, discusses the curriculum designed by the Minerva Schools at KGI.
  4. Yale University under federal investigation for use of race in admissions practices“, by Nicole Hong & Melissa Korn (Wall Street Journal, 2018-09-26).
  5. Congress challenges Google on China. Google falls short“, by Issie Lapowsky (Wired, 2018-09-26).
  6. Colleges grapple with where — or whether — to draw the line on free speech“, by Alina Tugend (NY Times, 2018-06-05).
  7. The not-so-great reason divorce rates are declining“, by Joe Pinsker (2018-09-25). More-educated people are waiting longer to marry, less-educated people are simply skipping marriage and cohabitating,–and all this leads to greater social inequality.

Two articles more specifically on investing:

  1. Will Tesla turn a profit in the third quarter?“, by Michael Henage (Seeking Alpha, 2018-09-26). Spoiler alert: The author concludes the answer to his question is “almost impossible”. But the market may focus on (and respond to) progress in production, not whether the company achieved positive profits.
  2. How does Eventbrite make money?“, by Rakesh Sharma (2018-09-25). Someone read the company’s S-1.

Read — 2018-09-21

Today’s selection of articles:

  1. Titans of mathematics clash over epic proof of abc conjecture“, by Erica Klarreich (Quanta Magazine, 2018-09-20). The abc conjecture is a relatively simple problem to state, and it has many important implications.
  2. Claude Shannon: How a genius solves problems“, by Zat Rana (Medium, 2018-08-15).
  3. New theory cracks open the black box of deep learning“, by Natalie Wolchover (Quanta Magazine, 2017-09-21).
  4. Drug pair shows promise for treating sleep apnea“, by Meredith Wadman (Science, 2018-09-21).
  5. Ripple (XRP) is up almost 50% in 24 hours on exciting new feature“, by Billy Bambrough (Forbes, 2018-09-21). Ripple announces its xRapid product. As per a Ripple spokesperson, “there isn’t currently an official commercial release timeline for xRapid”.
  6. Eventbrite: Plenty of upside left in this stellar IPO“, by Gary Alexander (Seeking Alpha, 2018-09-21). Note that the author indicates he may take a long position in EB.

Read — 2018-09-12

Today’s selection of articles:

  1. Why is college in America so expensive?“, by Amanda Ripley (The Atlantic, 2018-09-11). Short answer: Because, by law, it can be, and moreover, “customers” are willing to pay.
  2. Wi-Fi gets more secure: Everything you need to know about WPA3“, by Michael Koziol (IEEE, 2018-09-06).
  3. Rich-world wage growth continues to disappoint“, by The Data Team (The Economist, 2018-09-11). Or, The Phillips curve, unhinged.
  4. Tesla endgame“, by Andreas Hopf (Seeking Alpha, 2018-09-09).
  5. A former big Tesla bull says Musk’s ‘erratic behavior’ means stock is no longer investible” (Bloomberg, 2018-09-11).
  6. One of Tesla’s biggest skeptics says buy on recent dip“, by Shoshanna Delventhal (Investopedia, 2018-09-12).
  7. Eventbrite files proposed terms for $200 million IPO“, by Donovan Jones (Seeking Alpha, 2018-09-10).