Mario Cibelli, Managing Partner at Marathon Partners Equity Management, LLC, joins the podcast for the third time to share his thesis on Xometry, Inc. (NASDAQ: XMTR), the global AI-powered marketplace that connects buyers with suppliers of custom manufacturing services.
Chapters:
[0:00] Introduction + Episode sponsor: Fundamental Edge
[2:23] What is Xometry and why is it so interesting to Mario Cibelli
[5:42] $XMTR creating marketplace for industrial manufacturing / problem the company is solving
[19:48] Value proposition of the $XMTR network/marketplace
[24:20] Mechanics of the marketplace, customer experience, how it works
[26:26] Cutting out the middleman ($XMTR in this case) risk / are they more like Uber or Angie's List?
[35:05] "Instant Quote" / what can $XMTR evolve into
[41:15] Cyclicality
[46:47] Valuation / headwinds (and addressing them)
[58:01] Short interest and what keeps Mario up at night about $XMTR
[1:08:54] Execution risk
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