
Ep 367. Fed Funds Rate, Celsius Deal, FCF + Growth, Bargaining Power, & The Best Business Advantages
Focused Compounding
00:00
The Unit Economics Are Great
Alles does not have debt, that is correct. But they do have leases? Of course, i didn't consider that like debt, in my enterprise value a calculation when i was underwriting it, in researching it. The unit economics are great. It's interesting the disparity and the difference in the business model between alles and a company like amazon. So here you have amazon, where it's the everything store. There's zero scarcity. You could get whatever you want by the click of a button. Then you transition to this alles business model where it's all about scarcity,. Where that scarcity keeps people coming back. And i think the e've a sign in their
Transcript
Play full episode