3min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP476: How to Value Companies like Alphabet, AXON and FIGS w/ Brian Feroldi

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Figs - The First Microcap Company to IPO?

Figs is a company that makes clothing and gear aimed at healthcare workers. The company actually brings customers to its products through its own app or on its own website. 98% of this company's sales are direct to consumers, bypassing the distribution model altogether. Their gross margin is over 70%, which is higher than companies like Under Armour.

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