Dec 20, 2021Liked by Brett.Bivens

Hi Brett-

Very well written. I like that quote from Peter Fenton.

Added you to related reading on my inv thesis collection https://www.alexanderjarvis.com/vc-investment-thesis-collection/


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Aug 4, 2020Liked by Brett.Bivens

Super interesting.

A perspective I like about value investing with a margin of safety is that of regression to the mean.

When you fundamentally understand that a company is good and well managed, you know that a temporary slump is just that, temporary.

Their usual performance over a long time is better.

So you invest with the expectation that the company will go back to their usual good. Not expecting any amazing sudden prformance. just the average.

That requires deep understanding of the fundamentals, management and industry. The method is simple, doing it though is not easy.

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Thanks for sharing, Brett! Appreciate your deep research and insights.

15:39 to 19:14 - https://youtu.be/rQ6GoY2_Ujw?t=939

Also, I believe the clip above will be helpful for those who want to skip to the discussion of engagement & how they were building a math team to address liquidity in real-time. Some additional timestamps below for that video in case anyone is interested:

background and Intro to Uber --> 01:18 to 05:56 - https://youtu.be/rQ6GoY2_Ujw?t=78

godview a few weeks after launch --> 05:57 to 07:01 - https://youtu.be/rQ6GoY2_Ujw?t=357

Is Uber a 1-hit Wonder? --> 08:09 to 12:13 - https://youtu.be/rQ6GoY2_Ujw?t=489

Difference Between Product vs. Process Managers --> 12:14 to 13:30 - https://youtu.be/rQ6GoY2_Ujw?t=734

Travis Discussing Lyft & Other Competitors --> 13:48 to 15:38 - https://youtu.be/rQ6GoY2_Ujw?t=828

Why Uber Has a Math Team --> 15:39 to 19:14 - https://youtu.be/rQ6GoY2_Ujw?t=939

Various "Uber Days" --> 19:23 to 21:38 - https://youtu.be/rQ6GoY2_Ujw?t=1155

Obstacles with DC Taxi Commissioner --> 24:01 to 26:10 - https://youtu.be/rQ6GoY2_Ujw?t=1441

Effectively Thwarting Regulators --> 26:11 to 27:35 - https://youtu.be/rQ6GoY2_Ujw?t=1571

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Snir, this is great! The part on Damodoran is awesome. Venture is all about world-changing businesses. Sure trends are great, but they are crowded and most investors bet on crowded spaces and undifferentiated businesses.

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I am Mr Harry, I have equity capital for profitable investment and I want to invest in any business in good faith. If you have any business proposal or project plans for review. Get back to me via email: harry_coswealth@aol.com 


Mr. Harry

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Thanks for sharing ! It's so helpful. But what is your Venn diagrams? (existing tech + behaviour consumer?)

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