Elliot Turner on Twitter $TWTR

Elliot Turner of RGA (http://rgaia.com) makes a repeat appearance to provide a quick update on Dropbox (DBX), discuss how a due diligence project resulted in him hitting the state limit for wine delivery, and then dive deep into his investment in Twitter (TWTR).

Elliot's first YAVP appearance: https://www.youtube.com/watch?v=NJddlF3__Nw&t=3s
Elliot's Twitter: https://twitter.com/ElliotTurn

Chapters:
0:00 Intro
1:15 The time Elliot hit the state limit for alcohol shipments
3:00 Dropbox (DBX) update
6:50 Has Dropbox's pandemic performance disappointed?
10:15 Twitter (TWTR) overview
10:40 Trump ban: good or bad for Twitter?
14:10 Trump ban devil's advocate: engagement down
18:35 Why Elliot flipped from Twitter bear to bull
21:15 Twitter's failed sports rights attempts
25:15 Twitter's substack opportunity
30:55 Mismanagement bear case
35:30 How Twitter captures some of their consumer surplus
36:50 Valuation
40:30 Should Twitter charge for verification?
44:00 What does Twitter look like in a few years?
46:55 How Twitter gets to 500m DAUs
55:20 What to expect from Twitter's analyst day
59:50 Financial metrics to expect from Twitter's analyst day