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Aug 20 9 tweets 5 min read Read on X
1/ Founder-Led, Aligned, Accelerating

Incentives > everything

There’s signal in skin in the game. Across decades, founder/family influenced companies have outperformed by 300–400 bps annually, and founder CEOs tend to invest more in innovation and long term bets, advantages that compound.

So I screened for: Founder/insider ownership >10% (or clear voting control) + accelerating (or reaccelerating) revenue.

Here are 7 I like now, I’ll drop 3 more if this hits 500 likes. Let’s go👇🧵Image
2/ $APP - AppLovin (adtech engines running hot)

Rev growth re-accelerated: +71% YoY in Q1’25 => +77% YoY in Q2’25 as AXON flywheel and ML bidding drove pricing & win rates. That’s step function momentum at scale.

Alignment: Co-founder/CEO Adam Foroughi is a reported 10% owner and (with a director) holds all Class B (20 votes/share).

Concentrated control = tight execution.

With model driven ad yield compounding and a founder who can move fast without a proxy fight, this is what durable operating leverage looks like.Image
3/ $ZETA - Zeta Global

Co-founder/CEO David Steinberg & affiliates control 54% of voting power. Founder truly in the driver’s seat.

Q1 set the table, mgmt guided Q2 to +30–31%…then delivered Q2’25 rev $308M (+35% YoY) and raised FY’25 (rev, EBITDA, FCF). “Beat and raise” streak intact.

This is the “replacement cycle” trade in marketing clouds: identity + AI + owned data taking share from legacy suites. Founder control matters as $ZETA leans into buybacks and opex discipline while pushing platform wins (OneZeta). If macro wobbles, the guidance raise is your tell on pipeline visibility.Image
4/ $PINS - Pinterest (ads flywheel + better intent data)

Rev growth inched up: +16% YoY (Q1’25, $855M) => +17% (Q2’25, $998M) with MAUs at 578M.

Scale + intent = better ROAS

Co-founder Ben Silbermann holds mid single digit equity (5.5%), but dual class structure preserves high voting influence relative to his economic stake. Insider block remains under 11%, yet control dynamics still favor founders.

$PINS is morphing into shoppable search. If conversion ads keep compounding, margins follow.Image
5/ $SE - Sea Limited (Garena stabilized; commerce + fintech driving)

Rev growth re-accelerated: +29.6% YoY (Q1’25) => +38.2% YoY (Q2’25), with Shopee + SeaMoney both inflecting.

Founder/CEO Forrest Li retains 60%+ voting power via super-voting stock.

When a founder can throttle profitability vs. growth without second guessing, the company can hunt share when rivals blink.Image
6/ $SOUN - SoundHound AI (voice AI monetization finally shows up)

Rev growth exploded: Q2’25 +197% YoY to $42.7M, with FY’25 guide raised ($160–178M). That’s commercialization, not vibes.

Founders hold super-voting Class B (10 votes/share) and collectively 48% of voting power, real control.

Automotive + enterprise voice is a grind until scale hits, then margins inflect as models/partnerships amortize.Image
7/ $SHOP - Shopify (taking more of the GMV wallet)

Rev growth tick up: +26% YoY in Q1’25 to +31% YoY in Q2’25; mix shift (payments, capital, logistics-lite, ads) is widening take-rate.

Founder Tobi Lütke holds 40% voting power via the 2022 “founder share”, long runway, long leash.

Pricing power and attach rate beats volume in software Commerce; founder control lets $SHOP keep shipping where public company committees hesitate.Image
8/ $RDDT — Reddit

Revenue is actually accelerating.
- Q1’25: $392.4M, +61% YoY
- Q2’25: $500.0M, +78% YoY; GAAP net income $89M; Adj. EBITDA $167M; gross margin 90.8%. Q3 guide: $535–$545M revenue.

That’s clean acceleration with operating leverage. Retail interest isn’t hypothetical. They run an open IR subreddit (r/RDDT) and take questions directly from the community around earnings, rare access that keeps retail engaged and sticky around the story.

Founder control is real, not vibes. CEO/co-founder Steve Huffman holds majority voting power via Class B (10 votes/share) plus voting agreements with key early holders. The company confirms he can vote 74% of outstanding voting power; dual class explicitly preserves founder control.Image
Why this basket?

Alignment means fewer strategy U turns and faster product cadence.

Acceleration is the market’s favorite language, multiple expansion rides alongside revenue growth (and reverses just as violently when it stalls).

Founder control (via ownership or votes) lets management optimize for NPV, not next quarter.

If this thread clears 500 likes, I’ll drop 3 more with numbers + diligence notes.

Incentives first. Everything else later.Image

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More from @Next100Baggers

Aug 16
🚨 The GOAT Stan Druckenmiller just reshuffled his portfolio in a big way.

He’s managed money through every market regime for 40+ years without a single down year.

This quarter, his portfolio shift says a lot about where smart capital is flowing next.

Here’s what he just bought and why 🧵Image
1/ Big picture

He rotated toward AI plumbing, select cyclicals/energy & transport, LatAm fintech/commerce, and a few asymmetric biopharma shots, plus money center/IB banks.

Positions are as of 6/30/25, lagged, long only, no shorts/hedges shown. Image
2/ AI picks and shovels core

This stack monetizes AI CAPEX regardless of who wins the model wars:

$ENTG – materials/filtration/FOUPs for advanced nodes & high NA EUV. As nodes shrink, content per wafer rises, and Entegris keeps clipping tolls across foundries. mgmt flagged AI driven mix as a tailwind.

$AVGO – AI custom accelerators + switching. Guide implies $5.1B Q3 AI chip sales and double digit AI growth into FY25; FCF engine intact.

$TSM – the bottleneck for everyone’s AI roadmaps (CoWoS/HBM). Capex $28–32B with >100% CoWoS expansion through 2025; AI is the growth vector.

$MSFT – the hyperscaler writing the checks: FY25/26 AI DC capex step up with Azure AI still compounding. Own the payer of the AI tax.

$GLW – optical/datacenter glass/fiber benefiting from AI back haul and insid -DC optics; mgmt pointed to AI linked demand in recent updates.

This is a capex first AI basket. If AI spend keeps compounding, these names get paid before downstream apps do.Image
Read 15 tweets
Jul 2
$OSCR down 8% PM after multiple downgrades from the Street.

– Barclays initiates Underweight on policy risk
– Piper slashes PT to $18 on enrollment cliff fears

Market’s reacting to old headlines.

Here’s what a Bayesian lens says about the real risk and where the upside lies 🧵👇Image
1) Why the downgrade happened

Street finally priced in the June 2025 CBO score:
If subsidies expire and the HHS AV-rule hits, ACA enrollment drops –7.9M in 2026.

That’s triple the older –2.2M estimate.

$OSCR has 7% ACA share => potential –550k member loss.

Fair enough but that’s only one path.Image
2) What’s the market missing ?

Subsidy renewal odds are rising, not falling.

– 56% of ACA enrollees live in Republican districts
– Moderate GOP senators already signaling support
– Senate margin is razorthin (53–47)

My read: 55% chance subsidies are renewed or partially extended.Image
Read 7 tweets
Jun 26
Is it finally time for the Advanced Money Destroyer $AMD to strike?

Everyone’s watching $NVDA dominate AI training…

But the real war is just starting — in inference.

And that’s where $AMD might surprise everyone.
Here’s the $250B battleground no one’s pricing in 🧵 Image
1. First, understand the split:

There are two AI chip markets:

- Training = model creation (bursty, FLOPS-heavy)
- Inference = model deployment (24/7, memory-heavy, cost-sensitive)

$NVDA dominates training.

But inference is up for grabs. $AMD Image
2. Inference is scaling faster than training.

2025E Market Size:

Training chips: $35B–40B
Inference chips: $100B+, growing to $250B by 2030

Every chatbot, agent, Copilot, and RAG system runs millions of inferences per day. Image
Read 10 tweets
Jun 20
Calling $OSCR a “meme stock” just tells me you don’t do your homework.

It’s lazy. It shows you don’t understand the market, the business model, or what actually drove the mispricing. 🧵
1/ $OSCR isn’t hype. It’s a profitable ACA compounder:

- $9B revenue (+56% YoY)
- $25M net income
- 2M members (+41% YoY)
- SG&A down to 15.8%

And yet… it still trades at 0.4X 2025 sales. Image
2/ Why the discount?

Because the market priced in Trump-era fear — that ACA premium subsidies (Oscar’s core business) would get rolled back.

That’s the only reason this thing wasn’t trading 2–3X higher.

Read 5 tweets
May 16
🧵 the GOAT Stanley Druckenmiller —One of my favorite investors — just made major moves in Q1 '25.

He does trade often. But when he sizes up like this, it's not noise, it's signal.

Here are 8 names he just loaded up on — and what that tells us about where the puck is going👇 Image
1/ $FLUT – Flutter Entertainment

📈 +1985% more shares
💰 $83.6M position
Druck doesn’t tiptoe.

He went all-in on Flutter, likely front-running a FanDuel spinout + the U.S. sports betting boom.

If sentiment turns, this rerates fast. Image
2/ $TSM – Taiwan Semi

📈 +457% increase
💰 $99.4M stake

AI is the story. Druck’s playing the supply chain, not just the headlines.

$TSM fabs the chips for $NVDA, $AMD, $AAPL — everyone.

High conviction bet on global AI infrastructure spend. Image
Read 10 tweets

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