capital efficiency
2 statements across 2 episodes · 2 bullish · 0 bearish · 2 people on the record · first statement May 20, 2019 by Christina Shen · across every show →
Everything said about capital efficiency, oldest first
May 20, 2019 positive
Shen: Efficient businesses receive outsized valuation rewards in flat and bear markets
“Ah, valuation is correlated to revenue growth, but in all other times, whether it be flat or bare markets, it's actually efficient businesses that are unfairly rewarded for their efficiency levels, and so we believe it's best to solve for an efficient business…”