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MI130: Are Emerging Markets Undervalued? w/ James Fletcher

The Intrinsic Value Podcast - The Investor’s Podcast Network

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On Line Job Portals Are a Network Effect Business Model

Head hunter dot com is the market leader in russia. They have 55 % market share, three times more monthly visitors than the number two and number three combined. And then, you know, when we were doing research on head hunter, one of things hat stood out as they were massively under charging their customers. So their average posting was 385 dollars, compared to china averages,. which are 11 hundred dollars, india at 15 hundred dollars, and at european and us.

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