Uber and Lyft 1Q Analysis: Lyft Reports Better Results Without an Eats Business
Uber (UBER US) and Lyft Inc (LYFT US) released their 1Q results last week. In this insight, we compare the 1Q performance of the two companies.Our...
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Coronavirus as Secular Accelerator III: Fintech / Software Edition
Covid 19 is an accelerator of secular shifts in consumer and corporate preferences that is magnifying (or will magnify) those business models most...
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Softbank Group: Deep Dive into Vision Fund's $10bn in Expected Valuation Losses for This Quarter
In this report, we dig into the Vision Fund portfolio to see which investments drive what looks to be a ~¥1,000bn operating loss for Q4. We have a...
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Softbank Group: Uber Impairment Provides Clues to Vision Fund's Anticipated $10bn Q4 Write-Down
Uber has withdrawn FY2020 guidance, provided early numbers on Covid-19 spending and announced it would write-down the value of minority...
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Softbank Group: Vision Fund Bankruptcies, WeWork Lawsuit as Discount Hold Steady
Softbank shares now trade at a 54% discount to fair value, a slight improvement from 56-57% last week as shares have moved up slightly on an...
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