This is going to be a long thread on $NET. I spent a few days reading all their releases, employee reviews, analyst reports, and overall market trends. 🧵

TLDR: While they have good products the transitioning of their Go-to-market will take them longer (est. 3-4Q) 1. I am going to assume you know a little bit about $NET. Here's a refresher.
1. They started in 2007 making web CDN (Content Delivery Network) products, branched into website DNS and security products and then developer (Worker products)

One of these among the mega caps is underperforming in terms of stock.

I would like to know why?

$AAPL $MSFT $GOOG $AMZN $META $TSLA $NVDA

Ignore $BRK for now 1. $NVDA and $AMZN Forward PE are similar (43+)
2. $TSLA is closer to $MSFT and $AAPL
3. $META and $GOOG lag because of Ad market - only this year, I feel they will do ok 2024-25

$AMZN conference call events.q4inc.com/attendee/26959…
Just started listening 30 min ago. Overview right now $AMZN questions & answer session
1. Where are you in the optimization process for AWS?
We are cautiously optimistic. Customers are still being watchful

Cloudflare $NET - 100's of salespeople missing targets says @eastdakota
In Q1 they got 250K applications for salespeople The enterprise Go to market was the problem is what I get from this call

Google runs ~320,000 search queries per second. Compare this to Google’s Search business segment, which saw revenue of $162.45 billion in 2022, and you get to an average revenue per query of 1.61 cents $GOOG

Thread 1 $GOOG paid in the neighborhood of ~$20B to be the default search engine on Apple’s $AAPL products.

Warning: This is going to be pumped. Plan appropriately. Do your research

new IPO that will go places: $BFRG

Bullfrog AI Holdings, Inc. $BFRG uses artificial intelligence and machine learning to advance medicines Warning: This is a speculative IPO $BFRG
Technology, bfLEAP™, is an analytical AI/ML platform derived from technology developed at The Johns Hopkins University Applied Physics Labs, which is able to surmount the challenges of scalability and flexibility hindering researchers

First Watch $FWRG is a growing full-service concept, specializing in breakfast and lunch options, out of its 423-units across 28 states, split between an ~80%/~20% company-owned/franchised mix

IPO: 9.5M shares to be sold at $17 - $20 valuing company at $1.2B $FRWG Firstwatch ~60 breakfast, brunch, and lunch entree menu, generates a nearly $15 per person average (PPA) check, through a single-shift model (7 a.m. to 2:30 p.m.).

Florida, Texas, Ohio and Arizona account for 40% of units

Restaurant Payments and Software provider Toast $TOST files IPO, expecting $20B valuation

A thread ⬇️ bestengagingcommunities.com/2021/08/27/res… $TOST Toast a Boston based technology company providing payments and software for restaurants (competes with $OLO) filed to go public this week.

$ABNB
Q2 2021 revenue increased nearly 300% year-over-year and exceeded Q2 2019 by 10%

Net loss in Q2 2021 was $68M, an improvement of $507M compared to Q2 2020

Adjusted EBITDA in Q2 2021 was $217M, which had substantially improved from $(397)M in Q2 2020 and $(43)M in Q2 2019 The story for $ABNB is NOT Covid recovery.

It is $ABNB getting close to being a profitable company again.

Top 10 cities represented 7% of revenue before
adjustments for incentives and refunds in Q2 2021, down from 14% in Q2 2019

Weber Grill IPO $WEBR $750M IPO, selling 47M shares at $16, M CAp $5.5B

A thread ⬇️ bestengagingcommunities.com/2021/08/02/web… $WEBR Outdoor Bar B Q grill maker and 75 year old company Weber filed to go public looking to raise $750M at $5.5B Market Cap.

Totally cool. Out there, but if this work at scale I can see how this can help solve the "charge anxiety" problem

INDOT and Purdue are working with German firm Magment, which makes magnetized cement called magment (small "m")

autoblog.com/2021/07/22/ind… Magment's site says the concrete medium filled with magnetic particles has "record-breaking wireless transmission efficiency. Up to 95%, standard road-building installation costs, enables universal charging, is all-weather, has a high thermal conductivity, and is vandalism-proof.

My portfolio construction approach & process- Please use and share if useful.

This is what I do. This is not perfect. Don't use if you don't understand.

#education I get many questions like:
"How many stocks should I own"?

"My portfolio is too risky, do you a recommend less risky approach"?

"I own too many stocks, but I dont want to miss any big growth ones"?

So I am sharing my process.